Looking to diversify beyond CBTO? The ETFs below have the lowest correlation with CBTO — 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 CBTO.
Best Diversifiers for CBTO
0 ETFs have low correlation with CBTO (below 0.3), 0 of which are negatively correlated. The least correlated is Calamos S&P 500 Structured Alt Protection ETF - April (CPSP) (S&P 500) with a 1Y correlation of 0.33, roughly unchanged from 0.33 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 0.33 | 0.33 | — | 98 | S&P 500, Defined Outcome | CBTO vs CPSP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 0.38 | 0.38 | 0.38 | 99 | Defined Outcome | CBTO vs APXM | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | 0.40 | 0.40 | — | 97 | Defined Outcome, S&P 500 | CBTO vs CPSM | |
| Calamos S&P 500 Structured Alt Protection ETF - Ju... | 0.42 | 0.42 | — | 94 | Defined Outcome | CBTO vs CPSJ | |
| iShares Large Cap Max Buffer Mar ETF | 0.43 | — | — | 99 | Defined Outcome | CBTO vs MMAX |
See all 9 diversifiers for CBTO
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