Looking to balance out your exposure to CME? The ETFs below have the lowest correlation with CME — they tend to move on their own, which can help reduce risk when CME drops. The stock ideas table highlights individual companies that behave independently from CME.
Best Diversifiers for CME
240 ETFs have low correlation with CME (below 0.3), 203 of which are negatively correlated. The least correlated is Xtrackers Semiconductor Select Equity ETF (CHPS) (Semiconductors) with a 1Y correlation of -0.31, roughly unchanged from -0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers Semiconductor Select Equity ETF | -0.31 | -0.21 | -0.21 | 96 | Semiconductors, Technology Equities | CME vs CHPS | |
| YieldMax Semiconductor Portfolio Option Income ETF | -0.30 | -0.29 | -0.29 | 96 | Derivative Income, Semiconductors | CME vs CHPY | |
| First Trust Nasdaq Semiconductor ETF | -0.30 | -0.21 | 0.01 | 96 | Semiconductors, Technology Equities | CME vs FTXL | |
| iShares Semiconductor ETF | -0.29 | -0.20 | 0.02 | 95 | Semiconductors, Technology Equities | CME vs SOXX | |
| Direxion Daily Semiconductor Bull 3X ETF | -0.28 | -0.19 | 0.02 | 96 | Leveraged Equities, Semiconductors | CME vs SOXL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CME, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CME and solid risk/return profiles. The least correlated is Micron Technology, Inc. (MU) (Technology) with a 1Y correlation of -0.31, down from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Micron Technology, Inc. | -0.31 | -0.21 | -0.06 | 99 | Technology | |
| ASML Holding N.V. | -0.25 | -0.16 | 0.04 | 93 | Technology | |
| Broadcom Inc. | -0.25 | -0.16 | 0.02 | 71 | Technology | |
| BlackRock Science and Technology Trust II | -0.24 | -0.15 | 0.06 | 94 | Financial Services | |
| Seagate Technology plc | -0.23 | -0.13 | 0.06 | 99 | Technology |
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