Looking to diversify beyond CHPS? The ETFs below have the lowest correlation with CHPS — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from CHPS.
Best Diversifiers for CHPS
386 ETFs have low correlation with CHPS (below 0.3), 56 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2027 Term TIPS ETF | -0.19 | — | — | 95 | Inflation-Protected Bonds | CHPS vs IBID | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | CHPS vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.18 | — | — | 97 | Inflation-Protected Bonds | CHPS vs RBIL | |
| Texas Capital Government Money Market ETF | -0.16 | — | — | 100 | Money Market | CHPS vs MMKT | |
| WisdomTree Floating Rate Treasury Fund | -0.16 | — | — | 100 | Government Bonds, Ultrashort Bond | CHPS vs USFR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CHPS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CHPS and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.25, down from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.25 | -0.08 | -0.08 | 68 | Financial Services | |
| Duke Energy Corporation | -0.24 | -0.18 | -0.18 | 62 | Utilities | |
| Altria Group, Inc. | -0.23 | -0.12 | -0.12 | 70 | Consumer Defensive | |
| The Coca-Cola Company | -0.19 | -0.11 | -0.11 | 74 | Consumer Defensive | |
| The Southern Company | -0.19 | -0.15 | -0.15 | 55 | Utilities |
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Build a portfolio that complements CHPS
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