Looking to balance out your exposure to YCBD? The ETFs below have historically moved differently from YCBD, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for YCBD
1 ETFs have low correlation with YCBD (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Large-Cap ETF (SCHX) (Large Cap Blend Equities) with a 1Y correlation of 0.25, up from 0.14 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Large-Cap ETF | 0.25 | 0.13 | 0.14 | 76 | Large Cap Blend Equities | YCBD vs SCHX |
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