Looking to balance out your exposure to CXE? The ETFs below have the lowest correlation with CXE — they tend to move on their own, which can help reduce risk when CXE drops. The stock ideas table highlights individual companies that behave independently from CXE.
Best Diversifiers for CXE
0 ETFs have low correlation with CXE (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Tax-Exempt Bond ETF (VTEB) (Municipal Bonds) with a 1Y correlation of 0.30, down from 0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Tax-Exempt Bond ETF | 0.30 | 0.41 | 0.40 | 72 | Municipal Bonds | CXE vs VTEB |
Diversification Analysis
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