Looking to diversify beyond CSQ? The mutual funds below have the lowest correlation with CSQ — 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 CSQ.
Best Diversifiers for CSQ
12 mutual funds have low correlation with CSQ (below 0.3), 1 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.29, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | -0.29 | -0.11 | 0.04 | 58 | Diversified Portfolio | CSQ vs SIFAX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 0.11 | — | — | 99 | Bank Loan | CSQ vs CAPIX | |
| MH Elite Small Cap Fund of Funds Fund | 0.19 | 0.19 | 0.48 | 69 | Diversified Portfolio | CSQ vs MHELX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.24 | 0.41 | 0.49 | 79 | Diversified Portfolio | CSQ vs FCSRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.24 | 0.40 | 0.48 | 83 | Diversified Portfolio | CSQ vs FIQDX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CSQ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CSQ and solid risk/return profiles. The least correlated is Johnson & Johnson (JNJ) (Healthcare) with a 1Y correlation of -0.18, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Johnson & Johnson | -0.18 | -0.04 | 0.12 | 97 | Healthcare | |
| W. R. Berkley Corporation | -0.16 | 0.03 | 0.20 | 59 | Financial Services | |
| Realty Income Corporation | -0.09 | 0.07 | 0.23 | 74 | Real Estate | |
| Walmart Inc. | -0.08 | 0.13 | 0.25 | 71 | Consumer Defensive | |
| AbbVie Inc. | -0.06 | 0.08 | 0.14 | 79 | Healthcare |
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Build a portfolio that complements CSQ
Add CSQ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CSQ