Looking to balance out your exposure to CASY? The ETFs below have the lowest correlation with CASY — they tend to move on their own, which can help reduce risk when CASY drops. The stock ideas table highlights individual companies that behave independently from CASY.
Best Diversifiers for CASY
19 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 -0.01, roughly unchanged from 0.01 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alpha Architect 1-3 Month Box ETF | -0.01 | 0.01 | — | 100 | Ultrashort Bond | CASY vs BOXX | |
| ProShares Ultra Semiconductors | 0.01 | 0.13 | 0.20 | 82 | Leveraged Equities, Semiconductors | CASY vs USD | |
| Direxion Daily Technology Bull 3X Shares | 0.03 | 0.18 | 0.26 | 65 | Leveraged Equities, Technology Equities | CASY vs TECL | |
| Direxion Daily AAPL Bull 2X Shares | 0.06 | 0.12 | — | 56 | Leveraged Equities | CASY vs AAPU | |
| Invesco QQQ ETF | 0.11 | 0.24 | 0.29 | 59 | Nasdaq-100 | CASY vs QQQ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CASY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CASY and solid risk/return profiles. The least correlated is Glanbia PLC ADR (GLAPY) (Consumer Defensive) with a 1Y correlation of -0.13, down from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Glanbia PLC ADR | -0.13 | -0.02 | -0.02 | 99 | Consumer Defensive | |
| Dell Technologies Inc. | -0.06 | 0.07 | 0.16 | 96 | Technology | |
| Exxon Mobil Corporation | -0.04 | 0.06 | 0.12 | 72 | Energy | |
| CrowdStrike Holdings, Inc. | -0.03 | 0.12 | 0.13 | 65 | Technology | |
| American Express Company | -0.03 | 0.17 | 0.24 | 56 | Financial Services |
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