Looking to balance out your exposure to CTKB? The ETFs below have the lowest correlation with CTKB — they tend to move on their own, which can help reduce risk when CTKB drops. The stock ideas table highlights individual companies that behave independently from CTKB.
Best Diversifiers for CTKB
1 ETFs have low correlation with CTKB (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Semiconductor ETF (SMH) (Semiconductors) with a 1Y correlation of 0.27, roughly unchanged from 0.23 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor ETF | 0.27 | 0.23 | — | 96 | Semiconductors, Technology Equities | CTKB vs SMH |
Diversification Analysis
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