Looking to balance out your exposure to CIVI? The ETFs below have the lowest correlation with CIVI — they tend to move on their own, which can help reduce risk when CIVI drops. The stock ideas table highlights individual companies that behave independently from CIVI.
Best Diversifiers for CIVI
12 ETFs have low correlation with CIVI (below 0.3), 2 of which are negatively correlated. The least correlated is PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) (Multisector Bonds) with a 1Y correlation of -0.04, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO ETF Trust - PIMCO Multisector Bond Active Ex... | -0.04 | 0.04 | 0.04 | 66 | Multisector Bonds | CIVI vs PYLD | |
| JPMorgan Income ETF | -0.02 | 0.11 | 0.13 | 93 | Multisector Bonds | CIVI vs JPIE | |
| Janus Henderson AAA CLO ETF | 0.01 | 0.04 | 0.07 | 98 | CLO | CIVI vs JAAA | |
| Vanguard Information Technology ETF | 0.02 | 0.16 | 0.25 | 76 | Technology Equities | CIVI vs VGT | |
| Vanguard Emerging Markets Government Bond ETF | 0.03 | 0.12 | 0.15 | 60 | Emerging Markets Bonds | CIVI vs VWOB |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CIVI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CIVI and solid risk/return profiles. The least correlated is Eagle Point Credit Company Inc. (ECCC) (Financial Services) with a 1Y correlation of -0.15, down from -0.03 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Eagle Point Credit Company Inc. | -0.15 | -0.03 | — | 81 | Financial Services | |
| EDP Energias de Portugal SA ADR | -0.09 | 0.01 | 0.06 | 76 | Utilities | |
| Altria Group, Inc. | -0.02 | 0.04 | 0.14 | 69 | Consumer Defensive | |
| Kenon Holdings Ltd. | -0.01 | 0.08 | 0.17 | 95 | Utilities | |
| Alphabet Inc. Class A | -0.01 | 0.08 | 0.18 | 96 | Communication Services |
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