Looking to diversify beyond CVNY? The ETFs below have the lowest correlation with CVNY — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from CVNY.
Best Diversifiers for CVNY
710 ETFs have low correlation with CVNY (below 0.3), 95 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.30 | — | — | 53 | Inverse Equities | CVNY vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.29 | — | — | 60 | Inverse Equities, Leveraged Equities | CVNY vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.29 | -0.29 | -0.29 | 65 | Derivative Income | CVNY vs WNTR | |
| Tortoise North American Pipeline Fund | -0.26 | — | — | 77 | Energy Equities | CVNY vs TPYP | |
| VanEck Energy Income ETF | -0.25 | — | — | 78 | Energy Equities | CVNY vs EINC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CVNY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CVNY and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.21, roughly unchanged from -0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.21 | -0.17 | -0.17 | 83 | Financial Services | |
| The Coca-Cola Company | -0.16 | — | — | 82 | Consumer Defensive | |
| MPLX LP | -0.10 | 0.04 | 0.04 | 82 | Energy | |
| DaVita Inc. | -0.06 | — | — | 84 | Healthcare | |
| JPMorgan Chase & Co. | 0.21 | 0.32 | 0.32 | 69 | Financial Services |
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