Looking to diversify beyond CSHI? The ETFs below have historically moved differently from CSHI, 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 CSHI
807 ETFs have low correlation with CSHI (below 0.3), 103 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.27, roughly unchanged from -0.22 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.27 | -0.22 | — | 51 | Cryptocurrency | CSHI vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.26 | — | — | 69 | Derivative Income | CSHI vs WNTR | |
| Invesco DB Energy Fund | -0.18 | -0.00 | 0.04 | 66 | Oil & Gas | CSHI vs DBE | |
| DoubleLine Commodity Strategy ETF | -0.17 | 0.01 | 0.01 | 58 | Commodities | CSHI vs DCMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.17 | 0.01 | — | 61 | Commodities | CSHI vs GSG |
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 CSHI, 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 Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.09, down from 0.06 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.09 | -0.00 | 0.06 | 85 | Energy | |
| Energy Transfer LP | -0.08 | 0.13 | — | 82 | Energy | |
| Chevron Corporation | -0.08 | 0.04 | 0.09 | 79 | Energy | |
| Duke Energy Corporation | -0.08 | -0.02 | 0.04 | 52 | Utilities | |
| Devon Energy Corporation | -0.07 | 0.05 | 0.10 | 78 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements CSHI
Add CSHI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CSHI