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Looking to diversify beyond CLSE? The ETFs below have the lowest correlation with CLSE — 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 CLSE.

Best Diversifiers for CLSE

440 ETFs have low correlation with CLSE (below 0.3), 73 of which are negatively correlated.


See all 1948 diversifiers for CLSE

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from CLSE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CLSE and solid risk/return profiles. The least correlated is Progyny, Inc. (PGNY) (Healthcare) with a 1Y correlation of 0.12, roughly unchanged from 0.13 over 3 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Progyny, Inc.0.120.13
59
Healthcare
Cohen & Steers Quality Income Realty Fund0.130.19
57
Financial Services
TKO Group Holdings Inc.0.160.240.24
59
Communication Services
Apple Inc0.240.290.39
87
Technology
Baidu, Inc.0.250.20
61
Communication Services
See all 17 low-correlation stocks for CLSE

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Diversification Analysis

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