Looking to diversify beyond CBXJ? The ETFs below have the lowest correlation with CBXJ — 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 CBXJ.
Best Diversifiers for CBXJ
610 ETFs have low correlation with CBXJ (below 0.3), 34 of which are negatively correlated. The least correlated is Direxion Daily NFLX Bear 1X Shares (NFXS) (Inverse Equities) with a 1Y correlation of -0.14, roughly unchanged from -0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | -0.14 | -0.21 | -0.21 | 55 | Inverse Equities | CBXJ vs NFXS | |
| Brookmont Catastrophic Bond ETF | -0.09 | — | — | 96 | Nontraditional Bonds | CBXJ vs ILS | |
| WisdomTree Floating Rate Treasury Fund | -0.08 | — | — | 100 | Government Bonds, Ultrashort Bond | CBXJ vs USFR | |
| Roundhill Weekly T-Bill ETF | -0.08 | — | — | 99 | Ultrashort Bond | CBXJ vs WEEK | |
| Obra Opportunistic Structured Products ETF | -0.08 | — | — | 72 | Multisector Bonds | CBXJ vs OOSP |
See all 1948 diversifiers for CBXJ
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements CBXJ
Add CBXJ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CBXJ