Looking to diversify beyond CVSB? The ETFs below have the lowest correlation with CVSB — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from CVSB.
Best Diversifiers for CVSB
2103 ETFs have low correlation with CVSB (below 0.3), 519 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.25, roughly unchanged from -0.18 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.25 | -0.18 | — | 63 | Leveraged Currency | CVSB vs YCS | |
| TCW AAA CLO ETF | -0.25 | — | — | 99 | CLO | CVSB vs ACLO | |
| Defiance Oil Enhanced Options Income ETF | -0.19 | -0.15 | -0.15 | 56 | Derivative Income | CVSB vs USOY | |
| T. Rowe Price Floating Rate ETF | -0.16 | -0.00 | — | 78 | Bank Loan | CVSB vs TFLR | |
| Harbor Commodity All-Weather Strategy ETF | -0.16 | -0.06 | — | 80 | Commodities | CVSB vs HGER |
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