Looking to balance out your exposure to CRM? The ETFs below have historically moved differently from CRM, 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 CRM
287 ETFs have low correlation with CRM (below 0.3), 71 of which are negatively correlated. The least correlated is First Trust RBA American Industrial Renaissance ETF (AIRR) (Building & Construction) with a 1Y correlation of -0.18, down from 0.33 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust RBA American Industrial Renaissance ET... | -0.18 | 0.21 | 0.33 | 58 | Building & Construction | CRM vs AIRR | |
| Direxion Daily Semiconductor Bull 3X ETF | -0.18 | 0.22 | 0.40 | 91 | Leveraged Equities, Semiconductors | CRM vs SOXL | |
| Invesco Semiconductors ETF | -0.18 | 0.22 | 0.39 | 89 | Semiconductors, Technology Equities | CRM vs PSI | |
| Global X US Infrastructure Development ETF | -0.17 | 0.26 | 0.37 | 57 | Infrastructure Equities, Industrials Equities | CRM vs PAVE | |
| iShares Semiconductor ETF | -0.17 | 0.22 | 0.40 | 90 | Semiconductors, Technology Equities | CRM vs SOXX |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for CRM, 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 Johnson Controls International plc (JCI) (Industrials) with a 1Y correlation of -0.29, down from 0.28 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Johnson Controls International plc | -0.29 | 0.15 | 0.28 | 86 | Industrials | |
| Eaton Corporation plc | -0.28 | 0.19 | 0.28 | 58 | Industrials | |
| Comfort Systems USA, Inc. | -0.26 | 0.16 | 0.26 | 95 | Industrials | |
| Cummins Inc. | -0.25 | 0.08 | 0.18 | 91 | Industrials | |
| Sterling Infrastructure, Inc. | -0.25 | 0.13 | 0.21 | 79 | Industrials |
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