Looking to diversify beyond CBTJ? The ETFs below have the lowest correlation with CBTJ — 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 CBTJ.
Best Diversifiers for CBTJ
755 ETFs have low correlation with CBTJ (below 0.3), 38 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.81 | — | — | 61 | Inverse Equities, Leveraged Equities | CBTJ vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.81 | — | — | 56 | Inverse Equities | CBTJ vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.77 | — | — | 69 | Derivative Income | CBTJ vs WNTR | |
| Alpha Architect Tail Risk ETF | -0.21 | -0.21 | -0.21 | 53 | Options Trading | CBTJ vs CAOS | |
| Direxion Daily NFLX Bear 1X Shares | -0.14 | — | — | 61 | Inverse Equities | CBTJ vs NFXS |
See all 2144 diversifiers for CBTJ
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Diversification Analysis
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