Looking to balance out your exposure to CR? The ETFs below have the lowest correlation with CR — they tend to move on their own, which can help reduce risk when CR drops. The stock ideas table highlights individual companies that behave independently from CR.
Best Diversifiers for CR
0 ETFs have low correlation with CR (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.59, roughly unchanged from 0.59 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.59 | 0.59 | — | 74 | S&P 500 | CR vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CR and solid risk/return profiles. The least correlated is Monster Beverage Corporation (MNST) (Consumer Defensive) with a 1Y correlation of 0.08, roughly unchanged from 0.12 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Monster Beverage Corporation | 0.08 | 0.12 | — | 80 | Consumer Defensive | |
| The New York Times Company | 0.09 | 0.27 | 0.26 | 79 | Communication Services | |
| United Therapeutics Corporation | 0.12 | 0.17 | 0.17 | 86 | Healthcare | |
| Royal Gold, Inc. | 0.31 | 0.22 | — | 56 | Basic Materials | |
| Kratos Defense & Security Solutions, Inc. | 0.40 | 0.41 | — | 64 | Industrials |
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