Looking to balance out your exposure to CNS? The ETFs below have the lowest correlation with CNS — they tend to move on their own, which can help reduce risk when CNS drops. The stock ideas table highlights individual companies that behave independently from CNS.
Best Diversifiers for CNS
0 ETFs have low correlation with CNS (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.44, down from 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.44 | 0.49 | 0.58 | 70 | S&P 500 | CNS vs VOO | |
| State Street SPDR S&P 500 ETF | 0.44 | 0.49 | 0.59 | 70 | S&P 500 | CNS vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CNS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CNS and solid risk/return profiles. The least correlated is Republic Bancorp, Inc. (RBCAA) (Financial Services) with a 1Y correlation of 0.41, roughly unchanged from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Republic Bancorp, Inc. | 0.41 | 0.54 | 0.51 | 63 | Financial Services |
Build a portfolio that complements CNS
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