Looking to diversify beyond CAIE? The ETFs below have the lowest correlation with CAIE — 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 CAIE.
Best Diversifiers for CAIE
401 ETFs have low correlation with CAIE (below 0.3), 73 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.44 | — | — | 61 | Inverse Equities, Leveraged Equities | CAIE vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.43 | — | — | 53 | Inverse Equities | CAIE vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | — | — | 69 | Derivative Income | CAIE vs WNTR | |
| Alpha Architect Tail Risk ETF | -0.32 | — | — | 53 | Options Trading | CAIE vs CAOS | |
| Invesco DB Energy Fund | -0.26 | — | — | 58 | Oil & Gas | CAIE vs DBE |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CAIE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CAIE and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.11, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.11 | 0.12 | 0.12 | 52 | Financial Services | |
| Equinix, Inc. | 0.30 | 0.29 | 0.29 | 86 | Real Estate | |
| Compass Minerals International, Inc. | 0.35 | — | — | 70 | Basic Materials | |
| Dynex Capital, Inc. | 0.35 | 0.36 | 0.36 | 79 | Real Estate | |
| Nebius Group N.V. | 0.35 | 0.36 | 0.36 | 94 | Communication Services |
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