Looking to balance out your exposure to CSPI? The ETFs below have the lowest correlation with CSPI — they tend to move on their own, which can help reduce risk when CSPI drops. The stock ideas table highlights individual companies that behave independently from CSPI.
Best Diversifiers for CSPI
2 ETFs have low correlation with CSPI (below 0.3), 0 of which are negatively correlated. The least correlated is MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) (Leveraged Equities) with a 1Y correlation of 0.27, roughly unchanged from 0.25 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MicroSectors Solactive FANG & Innovation 3X Levera... | 0.27 | 0.25 | — | 76 | Leveraged Equities | CSPI vs BULZ | |
| Vanguard Information Technology ETF | 0.29 | 0.26 | 0.22 | 76 | Technology Equities | CSPI vs VGT |
Diversification Analysis
Build a portfolio that complements CSPI
Add CSPI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CSPI