Looking to balance out your exposure to CRSR? The ETFs below have the lowest correlation with CRSR — they tend to move on their own, which can help reduce risk when CRSR drops. The stock ideas table highlights individual companies that behave independently from CRSR.
Best Diversifiers for CRSR
1 ETFs have low correlation with CRSR (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Ultra-Short Income ETF (JPST) (Ultrashort Bond) with a 1Y correlation of 0.12, roughly unchanged from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Ultra-Short Income ETF | 0.12 | 0.08 | 0.08 | 99 | Ultrashort Bond | CRSR vs JPST | |
| Vanguard FTSE All-World ex-US ETF | 0.46 | 0.51 | 0.55 | 62 | Foreign Large Cap Equities | CRSR vs VEU | |
| Vanguard FTSE Developed Markets ETF | 0.47 | 0.50 | 0.54 | 61 | Foreign Large Cap Equities | CRSR vs VEA | |
| Vanguard Total International Stock ETF | 0.48 | 0.51 | 0.55 | 62 | Global Equities | CRSR vs VXUS | |
| Invesco QQQ ETF | 0.51 | 0.50 | 0.57 | 74 | Nasdaq-100 | CRSR vs QQQ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CRSR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CRSR and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.16, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.16 | -0.06 | 0.06 | 62 | Consumer Defensive | |
| TKO Group Holdings Inc. | 0.21 | 0.25 | 0.25 | 64 | Communication Services | |
| Glencore PLC ADR | 0.22 | 0.29 | 0.29 | 95 | Basic Materials | |
| NVIDIA Corporation | 0.26 | 0.31 | 0.42 | 80 | Technology | |
| Oracle Corporation | 0.30 | 0.33 | 0.37 | 61 | Technology |
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Build a portfolio that complements CRSR
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