Looking to balance out your exposure to CXM? The ETFs below have the lowest correlation with CXM — they tend to move on their own, which can help reduce risk when CXM drops. The stock ideas table highlights individual companies that behave independently from CXM.
Best Diversifiers for CXM
1 ETFs have low correlation with CXM (below 0.3), 0 of which are negatively correlated. The least correlated is Global X Data Center & Digital Infrastructure ETF (DTCR) (REIT) with a 1Y correlation of 0.06, down from 0.24 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X Data Center & Digital Infrastructure ETF | 0.06 | 0.24 | — | 92 | REIT | CXM vs DTCR |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CXM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CXM and solid risk/return profiles. The least correlated is BigBear.ai Holdings, Inc. (BBAI) (Technology) with a 1Y correlation of 0.18, down from 0.31 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BigBear.ai Holdings, Inc. | 0.18 | 0.31 | — | 52 | Technology | |
| Live Nation Entertainment, Inc. | 0.19 | 0.26 | — | 57 | Communication Services |
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