Looking to balance out your exposure to CTVA? The ETFs below have historically moved differently from CTVA, 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 CTVA
4 ETFs have low correlation with CTVA (below 0.3), 0 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of 0.06, roughly unchanged from -0.04 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 0.06 | -0.02 | -0.04 | 100 | Ultrashort Bond | CTVA vs SGOV | |
| State Street SPDR S&P 500 ETF | 0.09 | 0.28 | 0.37 | 71 | S&P 500 | CTVA vs SPY | |
| Vanguard S&P 500 ETF | 0.10 | 0.28 | 0.37 | 72 | S&P 500 | CTVA vs VOO | |
| iShares Core MSCI Total International Stock ETF | 0.13 | 0.34 | 0.42 | 64 | Foreign Large Cap Equities | CTVA vs IXUS | |
| SPDR S&P Dividend ETF | 0.37 | 0.51 | 0.53 | 55 | Mid Cap Value Equities, Dividend | CTVA vs SDY |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for CTVA, 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 Broadcom Inc. (AVGO) (Technology) with a 1Y correlation of -0.08, down from 0.13 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Broadcom Inc. | -0.08 | 0.03 | 0.13 | 70 | Technology | |
| Snowflake Inc. | -0.07 | 0.11 | 0.14 | 69 | Technology | |
| NVIDIA Corporation | -0.06 | -0.01 | 0.10 | 63 | Technology | |
| Zoom Communications, Inc. | -0.06 | 0.16 | 0.16 | 71 | Technology | |
| Electronic Arts Inc. | -0.04 | 0.13 | 0.20 | 94 | Communication Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements CTVA
Add CTVA to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CTVA