Looking to diversify beyond CBSE? The ETFs below have the lowest correlation with CBSE — 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 CBSE.
Best Diversifiers for CBSE
460 ETFs have low correlation with CBSE (below 0.3), 50 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.44, roughly unchanged from -0.40 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.44 | -0.40 | — | 52 | Cryptocurrency | CBSE vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.43 | — | — | 63 | Inverse Equities | CBSE vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.43 | — | — | 70 | Inverse Equities, Leveraged Equities | CBSE vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.42 | — | — | 73 | Derivative Income | CBSE vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.19 | — | — | 56 | Multistrategy | CBSE vs RSBY |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CBSE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CBSE and solid risk/return profiles. The least correlated is Global Business Travel Group Inc (GBTG) (Technology) with a 1Y correlation of 0.24, roughly unchanged from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Global Business Travel Group Inc | 0.24 | 0.37 | 0.27 | 74 | Technology |
Build a portfolio that complements CBSE
Add CBSE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CBSE