Looking to diversify beyond CAS? The ETFs below have historically moved differently from CAS, 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 CAS
715 ETFs have low correlation with CAS (below 0.3), 267 of which are negatively correlated. The least correlated is SEI Enhanced Low Volatility US Large Cap ETF (SELV) (Low Volatility) with a 1Y correlation of -0.49, roughly unchanged from -0.49 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Enhanced Low Volatility US Large Cap ETF | -0.49 | -0.49 | -0.49 | 60 | Low Volatility | CAS vs SELV | |
| Strive U.S. Energy ETF | -0.46 | -0.46 | — | 70 | Energy Equities | CAS vs DRLL | |
| MicroSectors Oil & Gas Exploration & Production 3X... | -0.39 | -0.39 | -0.39 | 56 | Leveraged Equities, Energy Equities, Oil & Gas | CAS vs OILU | |
| State Street Energy Select Sector SPDR ETF | -0.37 | -0.37 | -0.37 | 76 | Energy Equities | CAS vs XLE | |
| Westwood Salient Enhanced Midstream Income ETF | -0.37 | -0.37 | -0.37 | 66 | Energy Equities | CAS vs MDST |
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