Looking to balance out your exposure to CRML? The ETFs below have the lowest correlation with CRML — they tend to move on their own, which can help reduce risk when CRML drops. The stock ideas table highlights individual companies that behave independently from CRML.
Best Diversifiers for CRML
2 ETFs have low correlation with CRML (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.05 | — | — | 67 | Commodities | CRML vs CMDT | |
| Direxion Daily MU Bull 2X Shares | 0.23 | — | — | 98 | Leveraged Equities, Semiconductors | CRML vs MUU | |
| Invesco PHLX Semiconductor ETF | 0.31 | — | — | 89 | Semiconductors, Technology Equities | CRML vs SOXQ | |
| Vanguard S&P 500 ETF | 0.37 | — | — | 66 | S&P 500 | CRML vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CRML, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CRML and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.20, down from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.20 | -0.08 | -0.08 | 78 | Energy | |
| Duke Energy Corporation | -0.17 | -0.06 | -0.06 | 64 | Utilities | |
| Altria Group, Inc. | -0.16 | -0.10 | -0.10 | 80 | Consumer Defensive | |
| The Coca-Cola Company | -0.15 | -0.08 | -0.08 | 84 | Consumer Defensive | |
| Walmart Inc. | -0.10 | -0.02 | -0.02 | 69 | Consumer Defensive |
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