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Looking to diversify beyond CVRT? The ETFs below have the lowest correlation with CVRT — 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 CVRT.

Best Diversifiers for CVRT

367 ETFs have low correlation with CVRT (below 0.3), 53 of which are negatively correlated.


See all 2073 diversifiers for CVRT

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from CVRT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CVRT and solid risk/return profiles. The least correlated is Sandisk Corporation (SNDK) (Technology) with a 1Y correlation of 0.55, roughly unchanged from 0.52 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Sandisk Corporation0.550.520.52
100
Technology
Taiwan Semiconductor Manufacturing Company Limited0.58
95
Technology
Bloom Energy Corporation0.590.550.55
99
Industrials

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Diversification Analysis

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