Looking to diversify beyond CDEI? The ETFs below have the lowest correlation with CDEI — 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 CDEI.
Best Diversifiers for CDEI
316 ETFs have low correlation with CDEI (below 0.3), 45 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.30, down from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.30 | -0.09 | -0.05 | 55 | Oil & Gas | CDEI vs UGA | |
| Direxion Daily NFLX Bear 1X Shares | -0.26 | -0.37 | — | 55 | Inverse Equities | CDEI vs NFXS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.25 | — | — | 98 | Inflation-Protected Bonds | CDEI vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.24 | — | — | 97 | Inflation-Protected Bonds | CDEI vs RBIL | |
| ProShares UltraShort Yen | -0.17 | -0.00 | — | 63 | Leveraged Currency | CDEI vs YCS |
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