Looking to balance out your exposure to CSTM? The ETFs below have the lowest correlation with CSTM — they tend to move on their own, which can help reduce risk when CSTM drops. The stock ideas table highlights individual companies that behave independently from CSTM.
Best Diversifiers for CSTM
0 ETFs have low correlation with CSTM (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.47, roughly unchanged from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.47 | 0.46 | 0.51 | 70 | S&P 500 | CSTM vs SPY | |
| Amplify CWP International Enhanced Dividend Income... | 0.51 | 0.49 | — | 67 | Derivative Income, Dividend, Foreign Large Cap Equities | CSTM vs IDVO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CSTM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CSTM and solid risk/return profiles. The least correlated is GE Vernova Inc. (GEV) (Utilities) with a 1Y correlation of 0.15, roughly unchanged from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| GE Vernova Inc. | 0.15 | 0.21 | 0.21 | 87 | Utilities | |
| United States Antimony Corporation | 0.18 | 0.18 | 0.19 | 82 | Basic Materials | |
| Enlight Renewable Energy Ltd. Ordinary Shares | 0.21 | 0.18 | 0.18 | 99 | Utilities | |
| Silvercorp Metals Inc. | 0.25 | 0.27 | 0.29 | 91 | Basic Materials | |
| SSR Mining Inc. | 0.25 | 0.23 | 0.22 | 86 | Basic Materials |
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