Looking to balance out your exposure to CMWAY? The ETFs below have the lowest correlation with CMWAY — they tend to move on their own, which can help reduce risk when CMWAY drops. The stock ideas table highlights individual companies that behave independently from CMWAY.
No Diversifiers Found for CMWAY
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CMWAY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CMWAY and solid risk/return profiles. The least correlated is Cisco Systems, Inc. (CSCO) (Technology) with a 1Y correlation of 0.27, roughly unchanged from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cisco Systems, Inc. | 0.27 | 0.30 | 0.36 | 96 | Technology | |
| The Goldman Sachs Group, Inc. | 0.33 | 0.37 | 0.42 | 93 | Financial Services | |
| Mitsubishi UFJ Financial Group, Inc. | 0.33 | 0.31 | 0.36 | 83 | Financial Services | |
| DBS Group Holdings Ltd ADR | 0.36 | 0.39 | 0.40 | 94 | Financial Services | |
| Allianz SE ADR | 0.40 | 0.43 | 0.46 | 58 | Financial Services |
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