Looking to balance out your exposure to CHCI? The ETFs below have the lowest correlation with CHCI — they tend to move on their own, which can help reduce risk when CHCI drops. The stock ideas table highlights individual companies that behave independently from CHCI.
Best Diversifiers for CHCI
1 ETFs have low correlation with CHCI (below 0.3), 0 of which are negatively correlated. The least correlated is ProShares UltraPro S&P 500 (UPRO) (Leveraged Equities) with a 1Y correlation of 0.14, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro S&P 500 | 0.14 | 0.09 | 0.13 | 51 | Leveraged Equities, S&P 500 | CHCI vs UPRO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CHCI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CHCI and solid risk/return profiles. The least correlated is Permian Basin Royalty Trust (PBT) (Energy) with a 1Y correlation of -0.02, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Permian Basin Royalty Trust | -0.02 | -0.02 | 0.04 | 95 | Energy | |
| Singapore Telecommunications PK | 0.00 | 0.01 | 0.03 | 59 | Communication Services | |
| Saab AB (publ) | 0.04 | -0.02 | 0.01 | 50 | Industrials |
Build a portfolio that complements CHCI
Add CHCI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CHCI