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Covista Inc. (CVSA) Diversifiers

Equity · Currency in USD · Last updated Jul 17, 2026

Covista Inc. provides healthcare education through degree and non-degree programs, including bachelor's, master's, and doctoral degrees, as well as online certificate programs in nursing, health professions, medical, and veterinary postsecondary education, counseling, business, information technology, psychology, public health, social work, public administration, public policy, and criminal justice. It operates educational institutions such as Chamberlain University, Walden University, American University of the Caribbean School of Medicine, Ross University School of Medicine, and Ross University School of Veterinary Medicine.

Looking to balance out your exposure to CVSA? The ETFs below have the lowest correlation with CVSA — they tend to move on their own, which can help reduce risk when CVSA drops. The stock ideas table highlights individual companies that behave independently from CVSA.

Best Diversifiers for CVSA

4 ETFs have low correlation with CVSA (below 0.3), 0 of which are negatively correlated. The least correlated is PIMCO Enhanced Short Maturity Active ETF (MINT) (Ultrashort Bond) with a 1Y correlation of 0.00, roughly unchanged from 0.07 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
MINT
PIMCO Enhanced Short Maturity Active ETF0.000.050.07
100
Ultrashort BondCVSA vs MINT
SGOV
iShares 0-3 Month Treasury Bond ETF0.010.030.00
100
Ultrashort BondCVSA vs SGOV
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF0.030.26—
60
Nasdaq-100, Derivative IncomeCVSA vs JEPQ
IVV
iShares Core S&P 500 ETF0.090.290.33
66
S&P 500CVSA vs IVV

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from CVSA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CVSA and solid risk/return profiles. The least correlated is Broadcom Inc. (AVGO) (Technology) with a 1Y correlation of -0.10, down from 0.21 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
AVGO
Broadcom Inc.-0.100.180.21
67
Technology
NBIS
Nebius Group N.V.-0.090.090.09
91
Communication Services
GEV
GE Vernova Inc.-0.070.210.21
86
Industrials
CRDO
Credo Technology Group Holding Ltd-0.070.180.18
77
Technology
TLN
Talen Energy Corporation-0.050.180.18
67
Utilities
See all 75 low-correlation stocks for CVSA

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Diversification Analysis

Build a portfolio that complements CVSA

Add CVSA to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with CVSA