Looking to balance out your exposure to CTAS? The ETFs below have historically moved differently from CTAS, 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 CTAS
233 ETFs have low correlation with CTAS (below 0.3), 68 of which are negatively correlated. The least correlated is Roundhill Generative AI & Technology ETF (CHAT) (Artificial Intelligence) with a 1Y correlation of -0.25, down from 0.14 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Roundhill Generative AI & Technology ETF | -0.25 | 0.13 | 0.14 | 69 | Artificial Intelligence, Technology Equities | CTAS vs CHAT | |
| Direxion Daily MU Bull 2X Shares | -0.24 | — | — | 98 | Leveraged Equities, Semiconductors | CTAS vs MUU | |
| VistaShares Artificial Intelligence Supercycle ETF | -0.22 | — | — | 88 | Artificial Intelligence, Technology Equities | CTAS vs AIS | |
| Invesco AI and Next Gen Software ETF | -0.21 | 0.17 | 0.36 | 81 | Artificial Intelligence, Technology Equities | CTAS vs IGPT | |
| ProShares Ultra Semiconductors | -0.20 | 0.15 | 0.34 | 57 | Leveraged Equities, Semiconductors | CTAS vs USD |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for CTAS, 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 Seagate Technology plc (STX) (Technology) with a 1Y correlation of -0.28, down from 0.24 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Seagate Technology plc | -0.28 | 0.10 | 0.24 | 99 | Technology | |
| Western Digital Corporation | -0.24 | 0.08 | 0.22 | 99 | Technology | |
| Micron Technology, Inc. | -0.24 | 0.05 | 0.20 | 99 | Technology | |
| IREN Limited | -0.23 | 0.06 | — | 78 | Financial Services | |
| Advanced Micro Devices, Inc. | -0.21 | 0.09 | 0.25 | 93 | Technology |
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