Looking to diversify beyond CAAA? The ETFs below have the lowest correlation with CAAA — 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 CAAA.
Best Diversifiers for CAAA
1571 ETFs have low correlation with CAAA (below 0.3), 59 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.29 | — | — | 63 | Leveraged Currency | CAAA vs YCS | |
| United States Gasoline Fund LP | -0.29 | — | — | 55 | Oil & Gas | CAAA vs UGA | |
| Fidelity Managed Futures ETF | -0.21 | — | — | 64 | Systematic Trend | CAAA vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.18 | -0.09 | -0.09 | 75 | Commodities | CAAA vs FAAR | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.18 | -0.12 | -0.12 | 50 | Commodities | CAAA vs CMDT |
See all 1948 diversifiers for CAAA
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Diversification Analysis
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