Looking to balance out your exposure to CISO? The ETFs below have the lowest correlation with CISO — they tend to move on their own, which can help reduce risk when CISO drops. The stock ideas table highlights individual companies that behave independently from CISO.
Best Diversifiers for CISO
1 ETFs have low correlation with CISO (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.21, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.21 | 0.11 | 0.16 | 59 | S&P 500 | CISO vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CISO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CISO and solid risk/return profiles. The least correlated is Credo Technology Group Holding Ltd (CRDO) (Technology) with a 1Y correlation of 0.17, roughly unchanged from 0.09 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Credo Technology Group Holding Ltd | 0.17 | 0.09 | — | 88 | Technology |
Build a portfolio that complements CISO
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