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
2 ETFs have low correlation with CRS (below 0.3), 1 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 0.02 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 | 0.02 | 100 | Ultrashort Bond | CRS vs SGOV | |
| iMGP DBi Managed Futures Strategy ETF | 0.12 | 0.14 | 0.08 | 74 | Systematic Trend | CRS vs DBMF | |
| Invesco QQQ ETF | 0.35 | 0.40 | 0.44 | 59 | Nasdaq-100 | CRS vs QQQ | |
| ProShares Ultra QQQ | 0.35 | 0.41 | 0.44 | 53 | Leveraged Equities | CRS vs QLD | |
| Invesco NASDAQ 100 ETF | 0.36 | 0.41 | 0.44 | 60 | 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 | 63 | Energy | |
| Marathon Petroleum Corporation | -0.04 | 0.16 | 0.31 | 82 | Energy | |
| Murphy USA Inc. | -0.04 | 0.09 | 0.17 | 66 | Consumer Cyclical | |
| Johnson & Johnson | -0.00 | -0.02 | 0.05 | 96 | Healthcare | |
| Monster Beverage Corporation | 0.05 | 0.11 | 0.22 | 85 | Consumer Defensive |
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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