Looking to diversify beyond CSHI? The ETFs below have the lowest correlation with CSHI — 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 CSHI.
Best Diversifiers for CSHI
1018 ETFs have low correlation with CSHI (below 0.3), 61 of which are negatively correlated. The least correlated is YieldMax Short MSTR Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.24, roughly unchanged from -0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.24 | -0.31 | -0.31 | 51 | Derivative Income | CSHI vs WNTR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | — | — | 98 | Inflation-Protected Bonds | CSHI vs IBIC | |
| United States Gasoline Fund LP | -0.14 | 0.02 | — | 60 | Oil & Gas | CSHI vs UGA | |
| VanEck Commodity Strategy ETF | -0.13 | 0.03 | — | 59 | Commodities | CSHI vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.13 | 0.04 | — | 77 | Commodities | CSHI vs FAAR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CSHI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CSHI and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.11, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.11 | 0.04 | 0.09 | 70 | Energy | |
| Duke Energy Corporation | -0.07 | -0.01 | 0.05 | 64 | Utilities | |
| CVS Health Corporation | -0.07 | -0.00 | — | 85 | Healthcare | |
| Energy Transfer LP | -0.06 | 0.13 | 0.16 | 70 | Energy | |
| ConocoPhillips Company | -0.06 | 0.05 | 0.10 | 65 | Energy |
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