Looking to balance out your exposure to CRAI? The ETFs below have the lowest correlation with CRAI — they tend to move on their own, which can help reduce risk when CRAI drops. The stock ideas table highlights individual companies that behave independently from CRAI.
Best Diversifiers for CRAI
2 ETFs have low correlation with CRAI (below 0.3), 1 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.09, roughly unchanged from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.09 | 0.01 | -0.00 | 100 | Ultrashort Bond | CRAI vs SGOV | |
| Invesco QQQ ETF | 0.17 | 0.26 | 0.33 | 74 | Nasdaq-100 | CRAI vs QQQ |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CRAI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CRAI and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.04, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.04 | 0.00 | 0.10 | 73 | Consumer Defensive | |
| Verizon Communications Inc. | 0.02 | -0.01 | 0.07 | 56 | Communication Services | |
| VSE Corporation | 0.16 | 0.29 | 0.36 | 66 | Industrials | |
| Target Hospitality Corp. | 0.17 | 0.13 | 0.14 | 90 | Energy | |
| Dillard's, Inc. | 0.21 | 0.21 | 0.31 | 79 | Consumer Cyclical |
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