Looking to balance out your exposure to CASY? The ETFs below have historically moved differently from CASY, 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 CASY
20 ETFs have low correlation with CASY (below 0.3), 1 of which are negatively correlated. The least correlated is Alpha Architect 1-3 Month Box ETF (BOXX) (Ultrashort Bond) with a 1Y correlation of -0.05, roughly unchanged from -0.01 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alpha Architect 1-3 Month Box ETF | -0.05 | -0.01 | — | 100 | Ultrashort Bond | CASY vs BOXX | |
| ProShares Ultra Semiconductors | 0.00 | 0.12 | 0.20 | 52 | Leveraged Equities, Semiconductors | CASY vs USD | |
| VanEck Semiconductor ETF | 0.04 | 0.15 | 0.21 | 87 | Semiconductors, Technology Equities | CASY vs SMH | |
| iShares Semiconductor ETF | 0.04 | 0.16 | 0.22 | 90 | Semiconductors, Technology Equities | CASY vs SOXX | |
| Vanguard Energy ETF | 0.05 | 0.09 | 0.16 | 76 | Energy Equities | CASY vs VDE |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for CASY, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Glanbia PLC ADR (GLAPY) (Consumer Defensive) with a 1Y correlation of -0.10, roughly unchanged from -0.01 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Glanbia PLC ADR | -0.10 | -0.02 | -0.01 | 99 | Consumer Defensive | |
| American Express Company | -0.09 | 0.14 | 0.22 | 58 | Financial Services | |
| Expedia Group, Inc. | -0.07 | 0.10 | 0.14 | 79 | Consumer Cyclical | |
| CrowdStrike Holdings, Inc. | -0.06 | 0.11 | 0.13 | 80 | Technology | |
| Datadog, Inc. | -0.05 | 0.09 | 0.14 | 82 | Technology |
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