Looking to balance out your exposure to CSW? The ETFs below have historically moved differently from CSW, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for CSW
0 ETFs have low correlation with CSW (below 0.3), 0 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.39 | — | — | 68 | S&P 500 | CSW vs VOO |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for CSW, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.08, roughly unchanged from -0.03 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.08 | -0.03 | -0.03 | 89 | Financial Services | |
| Murphy USA Inc. | -0.07 | -0.00 | -0.00 | 89 | Consumer Cyclical | |
| The Coca-Cola Company | -0.06 | -0.02 | -0.02 | 90 | Consumer Defensive | |
| AbbVie Inc. | -0.06 | -0.02 | -0.02 | 81 | Healthcare | |
| Walmart Inc. | -0.04 | -0.04 | -0.04 | 62 | Consumer Defensive |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements CSW
Add CSW to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CSW