Looking to balance out your exposure to CLPR? The ETFs below have historically moved differently from CLPR, 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 CLPR
1 ETFs have low correlation with CLPR (below 0.3), 0 of which are negatively correlated. The least correlated is Capital Group Dividend Value ETF (CGDV) (Large Cap Value Equities) with a 1Y correlation of 0.13, down from 0.24 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Capital Group Dividend Value ETF | 0.13 | 0.24 | — | 80 | Large Cap Value Equities, Dividend | CLPR vs CGDV |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for CLPR, 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 Essex Property Trust, Inc. (ESS) (Real Estate) with a 1Y correlation of 0.22, roughly unchanged from 0.30 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Essex Property Trust, Inc. | 0.22 | 0.27 | 0.30 | 67 | Real Estate |
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