Looking to diversify beyond CALI? The ETFs below have historically moved differently from CALI, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for CALI
2116 ETFs have low correlation with CALI (below 0.3), 110 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Bastion Energy ETF | -0.27 | — | — | 87 | Energy Equities | CALI vs BESF | |
| ProShares UltraShort Yen | -0.24 | -0.22 | — | 59 | Leveraged Currency | CALI vs YCS | |
| Pacer American Energy Independence ETF | -0.18 | 0.01 | — | 51 | Energy Equities | CALI vs USAI | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.18 | -0.16 | -0.17 | 51 | Nontraditional Bonds | CALI vs RISR | |
| VanEck Energy Income ETF | -0.17 | 0.01 | — | 79 | Energy Equities | CALI vs EINC |
See all 2305 diversifiers for CALI
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