Looking to balance out your exposure to CRM? The ETFs below have the lowest correlation with CRM — they tend to move on their own, which can help reduce risk when CRM drops. The stock ideas table highlights individual companies that behave independently from CRM.
Best Diversifiers for CRM
288 ETFs have low correlation with CRM (below 0.3), 24 of which are negatively correlated. The least correlated is iShares Core High Dividend ETF (HDV) (Dividend) with a 1Y correlation of -0.09, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core High Dividend ETF | -0.09 | 0.09 | 0.23 | 73 | Dividend, Large Cap Value Equities | CRM vs HDV | |
| Vanguard Short-Term Tax-Exempt Bond ETF Shares | -0.08 | 0.04 | — | 74 | Municipal Bonds | CRM vs VTES | |
| Franklin International Low Volatility High Dividen... | -0.06 | 0.18 | 0.28 | 91 | Volatility Hedged Equity, Dividend | CRM vs LVHI | |
| ProShares Ultra Bloomberg Crude Oil | -0.06 | 0.00 | 0.05 | 54 | Leveraged Commodities | CRM vs UCO | |
| Sprott Copper Miners ETF | -0.04 | 0.09 | 0.09 | 70 | Commodity Producers Equities | CRM vs COPP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CRM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CRM and solid risk/return profiles. The least correlated is Welltower Inc. (WELL) (Real Estate) with a 1Y correlation of -0.23, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Welltower Inc. | -0.23 | 0.03 | 0.13 | 80 | Real Estate | |
| British American Tobacco p.l.c. | -0.19 | -0.03 | 0.04 | 77 | Consumer Defensive | |
| Duke Energy Corporation | -0.16 | -0.11 | -0.01 | 57 | Utilities | |
| The Coca-Cola Company | -0.16 | -0.03 | 0.09 | 62 | Consumer Defensive | |
| Altria Group, Inc. | -0.16 | -0.06 | -0.01 | 73 | Consumer Defensive |
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