Looking to balance out your exposure to CVGI? The ETFs below have the lowest correlation with CVGI — they tend to move on their own, which can help reduce risk when CVGI drops. The stock ideas table highlights individual companies that behave independently from CVGI.
No Diversifiers Found for CVGI
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CVGI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CVGI and solid risk/return profiles. The least correlated is UBS Group AG (UBS) (Financial Services) with a 1Y correlation of 0.21, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| UBS Group AG | 0.21 | 0.28 | 0.34 | 77 | Financial Services | |
| Boyd Gaming Corporation | 0.32 | 0.34 | 0.36 | 61 | Consumer Cyclical |
Build a portfolio that complements CVGI
Add CVGI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CVGI