Looking to diversify beyond CHPY? The ETFs below have the lowest correlation with CHPY — 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 CHPY.
Best Diversifiers for CHPY
390 ETFs have low correlation with CHPY (below 0.3), 59 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | CHPY vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.18 | — | — | 95 | Inflation-Protected Bonds | CHPY vs IBID | |
| WisdomTree Floating Rate Treasury Fund | -0.17 | — | — | 100 | Government Bonds, Ultrashort Bond | CHPY vs USFR | |
| iShares 0-3 Month Treasury Bond ETF | -0.16 | — | — | 100 | Ultrashort Bond | CHPY vs SGOV | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.16 | — | — | 97 | Inflation-Protected Bonds | CHPY vs RBIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CHPY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CHPY and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.25, roughly unchanged from -0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.25 | -0.21 | -0.21 | 68 | Financial Services | |
| Duke Energy Corporation | -0.22 | -0.21 | -0.21 | 62 | Utilities | |
| Altria Group, Inc. | -0.20 | -0.18 | -0.18 | 70 | Consumer Defensive | |
| The Coca-Cola Company | -0.20 | -0.17 | -0.17 | 74 | Consumer Defensive | |
| Verizon Communications Inc. | -0.18 | -0.14 | -0.14 | 63 | Communication Services |
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Build a portfolio that complements CHPY
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