Looking to diversify beyond COM? The ETFs below have the lowest correlation with COM — 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 COM.
Best Diversifiers for COM
1980 ETFs have low correlation with COM (below 0.3), 518 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Municipal Bond Opportunities ETF | -0.24 | — | — | 85 | Municipal Bonds | COM vs FMUB | |
| Hartford Municipal Opportunities ETF | -0.24 | -0.08 | -0.04 | 76 | Municipal Bonds | COM vs HMOP | |
| F/M 2-Year Investment Grade Corporate Bond ETF | -0.24 | — | — | 94 | Short-Term Bond | COM vs ZTWO | |
| IQ MacKay Municipal Insured ETF | -0.23 | -0.05 | 0.00 | 87 | Municipal Bonds | COM vs MMIN | |
| Invesco New York AMT-Free Municipal Bond ETF | -0.23 | -0.05 | -0.02 | 79 | Municipal Bonds | COM vs PZT |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from COM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to COM and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.07, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.07 | 0.06 | 0.06 | 63 | Technology |
Build a portfolio that complements COM
Add COM to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with COM