Looking to diversify beyond CCFE? The ETFs below have the lowest correlation with CCFE — 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 CCFE.
Best Diversifiers for CCFE
363 ETFs have low correlation with CCFE (below 0.3), 51 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.30, roughly unchanged from -0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.30 | -0.30 | -0.30 | 51 | Currency | CCFE vs UUP | |
| Invesco DB Energy Fund | -0.25 | — | — | 53 | Oil & Gas | CCFE vs DBE | |
| ProShares Short Bitcoin ETF | -0.25 | -0.26 | -0.26 | 57 | Cryptocurrency | CCFE vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.25 | -0.26 | -0.26 | 52 | Cryptocurrency, Leveraged Cryptocurrency | CCFE vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.24 | -0.23 | -0.23 | 68 | Inverse Equities, Leveraged Equities | CCFE vs MSTZ |
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