Looking to diversify beyond CORP? The ETFs below have the lowest correlation with CORP — 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 CORP.
Best Diversifiers for CORP
473 ETFs have low correlation with CORP (below 0.3), 85 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.47, roughly unchanged from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.47 | -0.40 | -0.38 | 51 | Currency | CORP vs UUP | |
| ProShares UltraShort Yen | -0.45 | -0.43 | -0.47 | 72 | Leveraged Currency | CORP vs YCS | |
| Invesco DB Energy Fund | -0.40 | -0.20 | -0.12 | 53 | Oil & Gas | CORP vs DBE | |
| United States Gasoline Fund LP | -0.40 | -0.19 | -0.11 | 78 | Oil & Gas | CORP vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.35 | -0.15 | -0.09 | 51 | Commodities | CORP vs GSG |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements CORP
Add CORP to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CORP