Looking to diversify beyond CAML? The ETFs below have the lowest correlation with CAML — 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 CAML.
Best Diversifiers for CAML
321 ETFs have low correlation with CAML (below 0.3), 48 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.26, down from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.26 | -0.08 | -0.08 | 55 | Oil & Gas | CAML vs UGA | |
| Direxion Daily NFLX Bear 1X Shares | -0.24 | -0.41 | -0.41 | 55 | Inverse Equities | CAML vs NFXS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.24 | — | — | 98 | Inflation-Protected Bonds | CAML vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.22 | — | — | 97 | Inflation-Protected Bonds | CAML vs RBIL | |
| ProShares UltraShort Yen | -0.19 | — | — | 63 | Leveraged Currency | CAML vs YCS |
See all 1948 diversifiers for CAML
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