Looking to diversify beyond COLO? The ETFs below have the lowest correlation with COLO — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from COLO.
Best Diversifiers for COLO
830 ETFs have low correlation with COLO (below 0.3), 44 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | COLO vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.16 | -0.12 | -0.12 | 98 | Inflation-Protected Bonds | COLO vs RBIL | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.15 | — | — | 97 | Inflation-Protected Bonds | COLO vs IBID | |
| ProShares UltraShort Yen | -0.14 | -0.15 | -0.11 | 61 | Leveraged Currency | COLO vs YCS | |
| iShares Diversified Commodity Swap UCITS ETF | -0.12 | 0.01 | — | 83 | Commodities | COLO vs ISCMF |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from COLO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to COLO and solid risk/return profiles. The least correlated is CRISPR Therapeutics AG (CRSP) (Healthcare) with a 1Y correlation of 0.12, roughly unchanged from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CRISPR Therapeutics AG | 0.12 | 0.20 | 0.22 | 58 | Healthcare | |
| Amazon.com, Inc | 0.16 | 0.21 | 0.23 | 60 | Consumer Cyclical | |
| Alphabet Inc Class A | 0.21 | 0.20 | 0.26 | 96 | Communication Services | |
| NVIDIA Corporation | 0.22 | 0.20 | 0.24 | 78 | Technology | |
| First Solar, Inc. | 0.24 | 0.30 | 0.28 | 81 | Technology |
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Build a portfolio that complements COLO
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