Looking to diversify beyond CSEX? The ETFs below have the lowest correlation with CSEX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from CSEX.
Best Diversifiers for CSEX
0 ETFs have low correlation with CSEX (below 0.3), 0 of which are negatively correlated. The least correlated is Innovator Growth Accelerated Plus ETF - April (QTAP) (Leveraged Equities) with a 1Y correlation of 0.41, roughly unchanged from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Innovator Growth Accelerated Plus ETF - April | 0.41 | 0.41 | 0.41 | 97 | Leveraged Equities | CSEX vs QTAP | |
| GraniteShares 2x Long MRVL Daily ETF | 0.41 | 0.41 | — | 90 | Leveraged Equities | CSEX vs MVLL | |
| Innovator US Equity Accelerated ETF | 0.42 | 0.42 | 0.42 | 50 | Leveraged Equities | CSEX vs XDSQ | |
| Direxion Daily MU Bull 2X Shares | 0.44 | 0.44 | 0.44 | 99 | Leveraged Equities, Semiconductors | CSEX vs MUU | |
| Direxion Daily MSCI South Korea Bull 3X Shares | 0.46 | 0.46 | 0.46 | 93 | South Korea Equities, Leveraged Equities, Asia Pacific Equities | CSEX vs KORU |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CSEX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CSEX and solid risk/return profiles. The least correlated is Celestica Inc. (CLS) (Technology) with a 1Y correlation of 1.00, roughly unchanged from 1.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Celestica Inc. | 1.00 | 1.00 | 1.00 | 87 | Technology |
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