Looking to diversify beyond CLSM? The ETFs below have the lowest correlation with CLSM — 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 CLSM.
Best Diversifiers for CLSM
361 ETFs have low correlation with CLSM (below 0.3), 58 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.29, down from -0.03 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.29 | -0.03 | — | 71 | Oil & Gas | CLSM vs DBE | |
| United States Oil Fund LP | -0.28 | -0.02 | — | 66 | Oil & Gas | CLSM vs USO | |
| United States Brent Oil Fund LP | -0.27 | -0.02 | — | 65 | Oil & Gas | CLSM vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.26 | — | — | 56 | Derivative Income | CLSM vs USOY | |
| Invesco DB Oil Fund | -0.24 | 0.00 | — | 65 | Oil & Gas | CLSM vs DBO |
See all 2188 diversifiers for CLSM
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