Looking to balance out your exposure to CPRI? The ETFs below have the lowest correlation with CPRI — they tend to move on their own, which can help reduce risk when CPRI drops. The stock ideas table highlights individual companies that behave independently from CPRI.
Best Diversifiers for CPRI
0 ETFs have low correlation with CPRI (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.48, roughly unchanged from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.48 | 0.35 | 0.48 | 70 | S&P 500 | CPRI vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CPRI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CPRI and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.04, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.04 | 0.05 | 0.21 | 85 | Energy | |
| REX American Resources Corporation | 0.13 | 0.19 | 0.29 | 96 | Basic Materials | |
| AMN Healthcare Services, Inc. | 0.14 | 0.18 | 0.23 | 66 | Healthcare | |
| SSR Mining Inc. | 0.16 | 0.12 | 0.13 | 86 | Basic Materials | |
| Lantheus Holdings, Inc. | 0.20 | 0.14 | 0.24 | 57 | Healthcare |
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