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
775 ETFs have low correlation with CVNY (below 0.3), 62 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Tortoise North American Pipeline Fund | -0.21 | — | — | 55 | Energy Equities | CVNY vs TPYP | |
| VanEck Energy Income ETF | -0.21 | — | — | 57 | Energy Equities | CVNY vs EINC | |
| First Trust Alternative Absolute Return Strategy E... | -0.20 | — | — | 70 | Commodities | CVNY vs FAAR | |
| Alerian Energy Infrastructure ETF | -0.18 | — | — | 50 | Energy Equities | CVNY vs ENFR | |
| USCF Midstream Energy Income Fund ETF | -0.17 | — | — | 54 | Energy Equities | CVNY vs UMI |
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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.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.19 | — | — | 68 | Financial Services | |
| The Coca-Cola Company | -0.11 | — | — | 74 | Consumer Defensive | |
| JPMorgan Chase & Co. | 0.21 | — | — | 69 | Financial Services | |
| Apple Inc | 0.24 | — | — | 88 | Technology | |
| Delta Air Lines, Inc. | 0.43 | — | — | 88 | Industrials |
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