Looking to diversify beyond CBTA? The ETFs below have the lowest correlation with CBTA — 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 CBTA.
Best Diversifiers for CBTA
675 ETFs have low correlation with CBTA (below 0.3), 42 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.97, roughly unchanged from -0.95 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.97 | -0.95 | -0.95 | 53 | Cryptocurrency | CBTA vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.81 | — | — | 65 | Inverse Equities, Leveraged Equities | CBTA vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.80 | — | — | 56 | Inverse Equities | CBTA vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.77 | — | — | 70 | Derivative Income | CBTA vs WNTR | |
| Direxion Daily NFLX Bear 1X Shares | -0.15 | — | — | 61 | Inverse Equities | CBTA vs NFXS |
See all 2068 diversifiers for CBTA
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements CBTA
Add CBTA to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CBTA