Looking to balance out your exposure to CRS? The ETFs below have the lowest correlation with CRS — they tend to move on their own, which can help reduce risk when CRS drops. The stock ideas table highlights individual companies that behave independently from CRS.
Best Diversifiers for CRS
3 ETFs have low correlation with CRS (below 0.3), 2 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.08, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.08 | 0.02 | 0.03 | 100 | Ultrashort Bond | CRS vs SGOV | |
| State Street Energy Select Sector SPDR ETF | -0.07 | 0.18 | 0.32 | 63 | Energy Equities | CRS vs XLE | |
| iMGP DBi Managed Futures Strategy ETF | 0.10 | 0.14 | 0.08 | 83 | Systematic Trend | CRS vs DBMF | |
| iShares Latin American 40 ETF | 0.34 | 0.33 | 0.38 | 54 | Latin America Equities | CRS vs ILF | |
| Invesco NASDAQ 100 ETF | 0.35 | 0.40 | 0.43 | 74 | Nasdaq-100 | CRS vs QQQM |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CRS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CRS and solid risk/return profiles. The least correlated is Vista Oil & Gas, S.A.B. de C.V. (VIST) (Energy) with a 1Y correlation of -0.15, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Vista Oil & Gas, S.A.B. de C.V. | -0.15 | 0.10 | 0.21 | 68 | Energy | |
| Murphy USA Inc. | -0.05 | 0.09 | 0.17 | 62 | Consumer Cyclical | |
| Marathon Petroleum Corporation | -0.03 | 0.17 | 0.32 | 86 | Energy | |
| Johnson & Johnson | 0.01 | -0.01 | 0.05 | 92 | Healthcare | |
| Nutrien Ltd. | 0.01 | 0.19 | 0.31 | 58 | Basic Materials |
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Build a portfolio that complements CRS
Add CRS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CRS