Looking to balance out your exposure to CNH? The ETFs below have the lowest correlation with CNH — they tend to move on their own, which can help reduce risk when CNH drops. The stock ideas table highlights individual companies that behave independently from CNH.
Best Diversifiers for CNH
0 ETFs have low correlation with CNH (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.46, down from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.46 | 0.53 | 0.59 | 80 | Dividend | CNH vs SCHD |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CNH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CNH and solid risk/return profiles. The least correlated is CF Industries Holdings, Inc. (CF) (Basic Materials) with a 1Y correlation of 0.01, down from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CF Industries Holdings, Inc. | 0.01 | 0.22 | 0.28 | 60 | Basic Materials | |
| The Coca-Cola Company | 0.03 | 0.11 | 0.20 | 66 | Consumer Defensive | |
| Monster Beverage Corporation | 0.05 | 0.14 | 0.24 | 79 | Consumer Defensive | |
| PepsiCo, Inc. | 0.11 | 0.14 | 0.17 | 56 | Consumer Defensive | |
| The Chefs' Warehouse, Inc. | 0.19 | 0.26 | 0.32 | 62 | Consumer Defensive |
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