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
11 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 -0.30, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | -0.30 | -0.08 | 0.05 | 73 | Diversified Portfolio | CSQ vs SIFAX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 0.12 | — | — | 98 | Bank Loan | CSQ vs CAPIX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.18 | 0.41 | 0.49 | 96 | Diversified Portfolio | CSQ vs FSIRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.19 | 0.40 | 0.49 | 96 | Diversified Portfolio | CSQ vs FIQDX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.19 | 0.42 | 0.49 | 95 | Diversified Portfolio | CSQ vs FCSRX |
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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 Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of -0.02, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | -0.02 | 0.17 | 0.26 | 63 | Consumer Defensive | |
| AbbVie Inc. | 0.02 | 0.08 | 0.14 | 62 | Healthcare | |
| Cohen & Steers Infrastructure Fund, Inc | 0.28 | 0.33 | 0.43 | 63 | Financial Services | |
| Cohen & Steers Quality Income Realty Fund | 0.35 | 0.43 | 0.53 | 67 | Financial Services | |
| StoneX Group Inc. | 0.37 | 0.38 | 0.40 | 87 | Financial Services |
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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