Looking to balance out your exposure to CZNC? The ETFs below have the lowest correlation with CZNC — they tend to move on their own, which can help reduce risk when CZNC drops. The stock ideas table highlights individual companies that behave independently from CZNC.
Best Diversifiers for CZNC
0 ETFs have low correlation with CZNC (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.44, roughly unchanged from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.44 | 0.45 | 0.46 | 80 | Dividend | CZNC vs SCHD |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CZNC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CZNC and solid risk/return profiles. The least correlated is Mitsubishi UFJ Financial Group, Inc. (MUFG) (Financial Services) with a 1Y correlation of 0.23, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Mitsubishi UFJ Financial Group, Inc. | 0.23 | 0.20 | 0.25 | 79 | Financial Services |
Build a portfolio that complements CZNC
Add CZNC to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CZNC