Looking to balance out your exposure to CMG? The ETFs below have the lowest correlation with CMG — they tend to move on their own, which can help reduce risk when CMG drops. The stock ideas table highlights individual companies that behave independently from CMG.
Best Diversifiers for CMG
178 ETFs have low correlation with CMG (below 0.3), 4 of which are negatively correlated. The least correlated is Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) (Inflation-Protected Bonds) with a 1Y correlation of -0.05, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | -0.05 | 0.02 | 0.08 | 83 | Inflation-Protected Bonds | CMG vs VTIP | |
| WisdomTree Floating Rate Treasury Fund | -0.04 | -0.03 | -0.01 | 100 | Government Bonds, Ultrashort Bond | CMG vs USFR | |
| iShares 0-5 Year TIPS Bond ETF | -0.02 | 0.03 | 0.08 | 85 | Inflation-Protected Bonds | CMG vs STIP | |
| Global X MLP & Energy Infrastructure ETF | -0.01 | 0.11 | 0.20 | 55 | MLPs | CMG vs MLPX | |
| PIMCO Enhanced Short Maturity Active ETF | 0.00 | 0.06 | 0.11 | 100 | Ultrashort Bond | CMG vs MINT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CMG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CMG and solid risk/return profiles. The least correlated is Energy Transfer LP (ET) (Energy) with a 1Y correlation of -0.07, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Energy Transfer LP | -0.07 | 0.08 | 0.18 | 72 | Energy | |
| Petróleo Brasileiro S.A. - Petrobras | -0.07 | 0.04 | 0.08 | 75 | Energy | |
| Altria Group, Inc. | -0.06 | 0.01 | 0.05 | 72 | Consumer Defensive | |
| Cloudflare, Inc. | -0.06 | 0.16 | 0.36 | 55 | Technology | |
| EOG Resources, Inc. | -0.06 | -0.00 | 0.07 | 57 | Energy |
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Build a portfolio that complements CMG
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