Looking to diversify beyond CBXA? The ETFs below have the lowest correlation with CBXA — 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 CBXA.
Best Diversifiers for CBXA
695 ETFs have low correlation with CBXA (below 0.3), 34 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 | -0.83 | — | — | 62 | Inverse Equities, Leveraged Equities | CBXA vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.83 | — | — | 53 | Inverse Equities | CBXA vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.80 | — | — | 63 | Derivative Income | CBXA vs WNTR | |
| Direxion Daily NFLX Bear 1X Shares | -0.14 | — | — | 63 | Inverse Equities | CBXA vs NFXS | |
| Brookmont Catastrophic Bond ETF | -0.12 | — | — | 96 | Nontraditional Bonds | CBXA vs ILS |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements CBXA
Add CBXA to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CBXA