Looking to diversify beyond CALI? The ETFs below have the lowest correlation with CALI — 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 CALI.
Best Diversifiers for CALI
1749 ETFs have low correlation with CALI (below 0.3), 51 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.24 | — | — | 63 | Leveraged Currency | CALI vs YCS | |
| Bastion Energy ETF | -0.20 | — | — | 84 | Energy Equities | CALI vs BESF | |
| VanEck AA-BB CLO ETF | -0.12 | — | — | 72 | CLO | CALI vs CLOB | |
| Fidelity Managed Futures ETF | -0.12 | — | — | 64 | Systematic Trend | CALI vs FFUT | |
| Invesco S&P SmallCap Energy ETF | -0.10 | — | — | 57 | Energy Equities | CALI vs PSCE |
See all 1949 diversifiers for CALI
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Diversification Analysis
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