Looking to balance out your exposure to CIX? The ETFs below have the lowest correlation with CIX — they tend to move on their own, which can help reduce risk when CIX drops. The stock ideas table highlights individual companies that behave independently from CIX.
Best Diversifiers for CIX
1 ETFs have low correlation with CIX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.18, roughly unchanged from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.18 | 0.22 | 0.23 | 74 | S&P 500 | CIX vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CIX and solid risk/return profiles. The least correlated is Eli Lilly and Company (LLY) (Healthcare) with a 1Y correlation of -0.02, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Eli Lilly and Company | -0.02 | 0.01 | 0.02 | 75 | Healthcare | |
| Kinder Morgan, Inc. | 0.03 | 0.17 | 0.16 | 66 | Energy | |
| W. P. Carey Inc. | 0.03 | 0.13 | 0.12 | 81 | Real Estate | |
| Apple Inc | 0.04 | 0.05 | 0.11 | 90 | Technology | |
| National Retail Properties, Inc. | 0.05 | 0.09 | 0.11 | 64 | Real Estate |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements CIX
Add CIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CIX