Looking to balance out your exposure to CPS? The ETFs below have the lowest correlation with CPS — they tend to move on their own, which can help reduce risk when CPS drops. The stock ideas table highlights individual companies that behave independently from CPS.
Best Diversifiers for CPS
1 ETFs have low correlation with CPS (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) (S&P 500) with a 1Y correlation of 0.30, roughly unchanged from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR Portfolio S&P 500 Growth ETF | 0.30 | 0.32 | 0.38 | 57 | S&P 500, Large Cap Growth Equities | CPS vs SPYG |
Diversification Analysis
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