Looking to diversify beyond CLOZ? The ETFs below have the lowest correlation with CLOZ — 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 CLOZ.
Best Diversifiers for CLOZ
1166 ETFs have low correlation with CLOZ (below 0.3), 55 of which are negatively correlated. The least correlated is Calvert Ultra-Short Investment Grade ETF (CVSB) (Ultrashort Bond) with a 1Y correlation of -0.10, roughly unchanged from -0.08 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Calvert Ultra-Short Investment Grade ETF | -0.10 | -0.08 | — | 98 | Ultrashort Bond | CLOZ vs CVSB | |
| WisdomTree Floating Rate Treasury Fund | -0.10 | 0.02 | — | 100 | Government Bonds, Ultrashort Bond | CLOZ vs USFR | |
| SGI Enhanced Core ETF | -0.09 | — | — | 95 | Intermediate Core Bond | CLOZ vs USDX | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.09 | — | — | 95 | Inflation-Protected Bonds | CLOZ vs IBID | |
| ProShares UltraShort Yen | -0.09 | 0.03 | 0.01 | 63 | Leveraged Currency | CLOZ vs YCS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CLOZ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CLOZ and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.06, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.06 | 0.03 | 0.02 | 69 | Financial Services | |
| Verizon Communications Inc. | -0.05 | 0.01 | 0.03 | 66 | Communication Services | |
| Lockheed Martin Corporation | -0.05 | -0.05 | — | 51 | Industrials | |
| Altria Group, Inc. | -0.04 | 0.00 | 0.04 | 72 | Consumer Defensive | |
| Duke Energy Corporation | -0.04 | -0.00 | 0.00 | 62 | Utilities |
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Build a portfolio that complements CLOZ
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