Looking to diversify beyond COMT? The ETFs below have historically moved differently from COMT, 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 COMT
1967 ETFs have low correlation with COMT (below 0.3), 1872 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Astoria Dynamic Core US Fixed Income ETF | -0.40 | — | — | 50 | Multisector Bonds | COMT vs AGGA | |
| Avantis Short-Term Fixed Income ETF | -0.40 | -0.20 | -0.10 | 58 | Short-Term Bond | COMT vs AVSF | |
| Ishares J.P. Morgan Broad USD Emerging Markets Bon... | -0.40 | -0.14 | — | 55 | Emerging Markets Bonds | COMT vs BEMB | |
| WisdomTree Yield Enhanced U.S. Short-Term Aggregat... | -0.39 | -0.20 | -0.11 | 59 | Short-Term Bond | COMT vs SHAG | |
| Global X Short-Term Treasury Ladder ETF | -0.38 | — | — | 81 | Government Bonds, Short-Term Bond | COMT vs SLDR |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for COMT, 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 Ituran Location and Control Ltd. (ITRN) (Technology) with a 1Y correlation of -0.13, down from 0.08 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Ituran Location and Control Ltd. | -0.13 | 0.00 | 0.08 | 83 | Technology | |
| CareTrust REIT, Inc. | -0.12 | -0.06 | 0.01 | 81 | Real Estate | |
| Ambarella, Inc. | -0.08 | 0.04 | 0.09 | 59 | Technology | |
| DHT Holdings, Inc. | -0.07 | 0.13 | 0.20 | 92 | Industrials | |
| Omega Healthcare Investors, Inc. | -0.07 | -0.07 | 0.02 | 86 | Real Estate |
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Build a portfolio that complements COMT
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