Looking to balance out your exposure to COIN? The ETFs below have historically moved differently from COIN, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for COIN
83 ETFs have low correlation with COIN (below 0.3), 10 of which are negatively correlated. The least correlated is WisdomTree Floating Rate Treasury Fund (USFR) (Government Bonds) with a 1Y correlation of -0.07, roughly unchanged from -0.00 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | -0.07 | 0.02 | -0.00 | 100 | Government Bonds, Ultrashort Bond | COIN vs USFR | |
| KFA Mount Lucas Index Strategy ETF | -0.05 | 0.00 | -0.10 | 51 | Systematic Trend | COIN vs KMLM | |
| F/m US Treasury 3 Month Bill ETF | -0.03 | -0.00 | — | 100 | Ultrashort Bond | COIN vs TBIL | |
| iShares Core High Dividend ETF | -0.02 | 0.08 | 0.18 | 91 | Dividend, Large Cap Value Equities | COIN vs HDV | |
| Vanguard Ultra-Short Treasury ETF | -0.02 | — | — | 100 | Ultrashort Bond, Government Bonds | COIN vs VGUS |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for COIN, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.22, down from 0.01 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.22 | -0.05 | 0.01 | 66 | Consumer Defensive | |
| Johnson & Johnson | -0.19 | -0.10 | -0.03 | 96 | Healthcare | |
| The Coca-Cola Company | -0.19 | -0.10 | 0.01 | 87 | Consumer Defensive | |
| Duke Energy Corporation | -0.18 | -0.11 | -0.05 | 52 | Utilities | |
| Chubb Limited | -0.13 | -0.05 | 0.03 | 87 | Financial Services |
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