Looking to diversify beyond CSB? The ETFs below have historically moved differently from CSB, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for CSB
712 ETFs have low correlation with CSB (below 0.3), 56 of which are negatively correlated. The least correlated is Alpha Architect Tail Risk ETF (CAOS) (Options Trading) with a 1Y correlation of -0.23, down from -0.10 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alpha Architect Tail Risk ETF | -0.23 | -0.10 | — | 56 | Options Trading | CSB vs CAOS | |
| Invesco DB Energy Fund | -0.20 | -0.02 | 0.12 | 72 | Oil & Gas | CSB vs DBE | |
| Proshares Ultrashort Bitcoin ETF | -0.18 | -0.27 | -0.27 | 55 | Cryptocurrency, Leveraged Cryptocurrency | CSB vs SBIT | |
| ProShares Short Bitcoin ETF | -0.18 | -0.26 | — | 61 | Cryptocurrency | CSB vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.18 | -0.24 | -0.24 | 61 | Inverse Equities, Leveraged Equities | CSB vs MSTZ |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for CSB, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Royce Value Trust Inc. (RVT) (Financial Services) with a 1Y correlation of 0.56, down from 0.77 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Royce Value Trust Inc. | 0.56 | 0.73 | 0.77 | 85 | Financial Services |
Build a portfolio that complements CSB
Add CSB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CSB