Looking to diversify beyond CARU? The ETFs below have the lowest correlation with CARU — 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 CARU.
Best Diversifiers for CARU
357 ETFs have low correlation with CARU (below 0.3), 73 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.42 | — | — | 56 | Inverse Equities | CARU vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.41 | — | — | 65 | Inverse Equities, Leveraged Equities | CARU vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | — | — | 70 | Derivative Income | CARU vs WNTR | |
| ProShares Short Bitcoin ETF | -0.39 | -0.35 | — | 53 | Cryptocurrency | CARU vs BITI | |
| Invesco DB Energy Fund | -0.30 | -0.05 | — | 57 | Oil & Gas | CARU vs DBE |
See all 2067 diversifiers for CARU
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Diversification Analysis
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