Looking to balance out your exposure to CMU? The ETFs below have the lowest correlation with CMU — they tend to move on their own, which can help reduce risk when CMU drops. The stock ideas table highlights individual companies that behave independently from CMU.
Best Diversifiers for CMU
1 ETFs have low correlation with CMU (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab 1-5 Year Corporate Bond ETF (SCHJ) (Corporate Bonds) with a 1Y correlation of 0.30, roughly unchanged from 0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab 1-5 Year Corporate Bond ETF | 0.30 | 0.39 | 0.39 | 74 | Corporate Bonds | CMU vs SCHJ |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CMU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CMU and solid risk/return profiles. The least correlated is Trinity Capital Inc. (TRIN) (Financial Services) with a 1Y correlation of 0.07, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Trinity Capital Inc. | 0.07 | 0.17 | 0.16 | 83 | Financial Services |
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