Looking to balance out your exposure to CI? The ETFs below have historically moved differently from CI, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for CI
36 ETFs have low correlation with CI (below 0.3), 9 of which are negatively correlated. The least correlated is Franklin FTSE Taiwan ETF (FLTW) (Taiwan Equities) with a 1Y correlation of -0.12, down from 0.08 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin FTSE Taiwan ETF | -0.12 | -0.03 | 0.08 | 90 | Taiwan Equities, Asia Pacific Equities | CI vs FLTW | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.10 | -0.05 | -0.03 | 100 | Government Bonds, Ultrashort Bond | CI vs BIL | |
| Direxion Daily Semiconductor Bull 3X ETF | -0.09 | -0.03 | 0.08 | 90 | Leveraged Equities, Semiconductors | CI vs SOXL | |
| United States Oil Fund LP | -0.06 | -0.04 | 0.06 | 55 | Oil & Gas | CI vs USO | |
| JPMorgan Nasdaq Equity Premium Income ETF | -0.05 | 0.00 | — | 55 | Nasdaq-100, Derivative Income | CI vs JEPQ |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for CI, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Broadcom Inc. (AVGO) (Technology) with a 1Y correlation of -0.21, down from 0.01 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Broadcom Inc. | -0.21 | -0.13 | 0.01 | 67 | Technology | |
| Celestica Inc. | -0.15 | -0.12 | 0.01 | 73 | Technology | |
| CrowdStrike Holdings, Inc. | -0.14 | -0.06 | 0.02 | 80 | Technology | |
| nVent Electric plc | -0.13 | -0.03 | 0.13 | 91 | Industrials | |
| Silicon Motion Technology Corporation | -0.13 | -0.06 | 0.02 | 97 | Technology |
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