Looking to balance out your exposure to CSW? The ETFs below have the lowest correlation with CSW — they tend to move on their own, which can help reduce risk when CSW drops. The stock ideas table highlights individual companies that behave independently from CSW.
Best Diversifiers for CSW
0 ETFs have low correlation with CSW (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.41 | — | — | 68 | S&P 500 | CSW vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CSW, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CSW and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.06, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.06 | -0.03 | -0.03 | 82 | Consumer Defensive | |
| Walmart Inc. | -0.06 | -0.04 | -0.04 | 70 | Consumer Defensive | |
| Chubb Limited | -0.03 | -0.00 | -0.00 | 83 | Financial Services | |
| Murphy USA Inc. | -0.01 | 0.02 | 0.02 | 74 | Consumer Cyclical | |
| AbbVie Inc. | -0.01 | -0.01 | -0.01 | 77 | Healthcare |
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