Looking to diversify beyond CCSB? The ETFs below have the lowest correlation with CCSB — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from CCSB.
Best Diversifiers for CCSB
1573 ETFs have low correlation with CCSB (below 0.3), 92 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.37, roughly unchanged from -0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.37 | -0.30 | -0.30 | 61 | Leveraged Currency | CCSB vs YCS | |
| Invesco DB Energy Fund | -0.32 | — | — | 71 | Oil & Gas | CCSB vs DBE | |
| Invesco DB Oil Fund | -0.31 | -0.17 | -0.17 | 65 | Oil & Gas | CCSB vs DBO | |
| United States Brent Oil Fund LP | -0.31 | -0.18 | -0.18 | 65 | Oil & Gas | CCSB vs BNO | |
| ProShares Ultra Bloomberg Crude Oil | -0.31 | -0.17 | -0.17 | 54 | Leveraged Commodities | CCSB vs UCO |
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