Looking to balance out your exposure to CHDRY? The ETFs below have the lowest correlation with CHDRY — they tend to move on their own, which can help reduce risk when CHDRY drops. The stock ideas table highlights individual companies that behave independently from CHDRY.
Best Diversifiers for CHDRY
1 ETFs have low correlation with CHDRY (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.10, roughly unchanged from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.10 | 0.17 | 0.18 | 66 | S&P 500 | CHDRY vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CHDRY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CHDRY and solid risk/return profiles. The least correlated is UniCredit SpA ADR (UNCRY) (Financial Services) with a 1Y correlation of 0.15, roughly unchanged from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| UniCredit SpA ADR | 0.15 | 0.18 | 0.17 | 67 | Financial Services |
Build a portfolio that complements CHDRY
Add CHDRY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CHDRY