Looking to balance out your exposure to CI? The ETFs below have the lowest correlation with CI — they tend to move on their own, which can help reduce risk when CI drops. The stock ideas table highlights individual companies that behave independently from CI.
Best Diversifiers for CI
31 ETFs have low correlation with CI (below 0.3), 10 of which are negatively correlated. The least correlated is Franklin FTSE Taiwan ETF (FLTW) (Taiwan Equities) with a 1Y correlation of -0.09, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin FTSE Taiwan ETF | -0.09 | -0.03 | 0.09 | 95 | Taiwan Equities, Asia Pacific Equities | CI vs FLTW | |
| Direxion Daily Semiconductor Bull 3X ETF | -0.08 | -0.04 | 0.08 | 95 | Leveraged Equities, Semiconductors | CI vs SOXL | |
| Invesco QQQ ETF | -0.08 | -0.03 | 0.12 | 64 | Nasdaq-100 | CI vs QQQ | |
| Fidelity Nasdaq Composite Index ETF | -0.08 | -0.03 | 0.13 | 59 | Large Cap Growth Equities | CI vs ONEQ | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.07 | -0.04 | -0.02 | 100 | Government Bonds, Ultrashort Bond | CI vs BIL |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CI and solid risk/return profiles. The least correlated is Broadcom Inc. (AVGO) (Technology) with a 1Y correlation of -0.22, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Broadcom Inc. | -0.22 | -0.11 | 0.02 | 73 | Technology | |
| Celestica Inc. | -0.17 | -0.12 | 0.01 | 87 | Technology | |
| Silicon Motion Technology Corporation | -0.15 | -0.07 | 0.02 | 99 | Technology | |
| nVent Electric plc | -0.15 | -0.03 | 0.14 | 95 | Industrials | |
| CrowdStrike Holdings, Inc. | -0.14 | -0.06 | 0.02 | 75 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements CI
Add CI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CI