Looking to diversify beyond CBOY? The ETFs below have historically moved differently from CBOY, 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 CBOY
14 ETFs have low correlation with CBOY (below 0.3), 0 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Innovator Equity Defined Protection ETF - 1 Yr May | 0.19 | — | — | 97 | Defined Outcome | CBOY vs ZMAY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 0.26 | — | — | 98 | S&P 500, Defined Outcome | CBOY vs CPSP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 0.26 | — | — | 98 | Defined Outcome | CBOY vs APXM | |
| iShares Large Cap Max Buffer Mar ETF | 0.27 | — | — | 98 | Defined Outcome | CBOY vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | 0.27 | — | — | 97 | Defined Outcome, S&P 500 | CBOY vs CPSM |
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