Looking to diversify beyond CIBR? The ETFs below have the lowest correlation with CIBR — 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 CIBR.
Best Diversifiers for CIBR
730 ETFs have low correlation with CIBR (below 0.3), 56 of which are negatively correlated. The least correlated is Breakwave Tanker Shipping ETF (BWET) (Commodities) with a 1Y correlation of -0.12, roughly unchanged from -0.03 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Breakwave Tanker Shipping ETF | -0.12 | -0.03 | — | 99 | Commodities | CIBR vs BWET | |
| iShares Enhanced Short-Term Bond Active ETF | -0.10 | — | — | 100 | Ultrashort Bond | CIBR vs CSHP | |
| United States Oil Fund LP | -0.07 | 0.02 | 0.09 | 66 | Oil & Gas | CIBR vs USO | |
| Breakwave Dry Bulk Shipping ETF | -0.07 | -0.02 | 0.00 | 85 | Commodities | CIBR vs BDRY | |
| TCW AAA CLO ETF | -0.07 | — | — | 99 | CLO | CIBR vs ACLO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CIBR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CIBR and solid risk/return profiles. The least correlated is Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.26, down from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.26 | -0.13 | -0.02 | 53 | Utilities | |
| The Coca-Cola Company | -0.24 | -0.07 | 0.08 | 66 | Consumer Defensive | |
| PepsiCo, Inc. | -0.21 | -0.05 | 0.06 | 56 | Consumer Defensive | |
| Johnson & Johnson | -0.17 | -0.06 | 0.04 | 92 | Healthcare | |
| Verizon Communications Inc. | -0.17 | -0.04 | 0.04 | 59 | Communication Services |
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