Looking to balance out your exposure to COUR? The ETFs below have historically moved differently from COUR, 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 COUR
10 ETFs have low correlation with COUR (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard FTSE Emerging Markets ETF (VWO) (Emerging Markets Equities) with a 1Y correlation of 0.08, down from 0.32 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard FTSE Emerging Markets ETF | 0.08 | 0.21 | 0.32 | 51 | Emerging Markets Equities | COUR vs VWO | |
| Vanguard Total International Stock ETF | 0.10 | 0.25 | 0.36 | 71 | Global Equities | COUR vs VXUS | |
| Vanguard FTSE Developed Markets ETF | 0.10 | 0.26 | 0.36 | 75 | Foreign Large Cap Equities | COUR vs VEA | |
| Schwab International Equity ETF | 0.11 | 0.26 | 0.36 | 77 | Foreign Large Cap Equities | COUR vs SCHF | |
| Schwab U.S. Dividend Equity ETF | 0.13 | 0.24 | 0.29 | 95 | Dividend | COUR vs SCHD |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for COUR, 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 -0.09, roughly unchanged 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. | -0.09 | -0.01 | 0.01 | 66 | Consumer Defensive | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.06 | 0.09 | 0.21 | 87 | Technology | |
| Energy Transfer LP | -0.04 | 0.10 | 0.18 | 81 | Energy | |
| Intel Corporation | -0.01 | 0.11 | 0.23 | 98 | Technology | |
| Vistance Networks, Inc | -0.01 | 0.14 | 0.24 | 99 | Technology |
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