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
373 ETFs have low correlation with CDEI (below 0.3), 76 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.45 | — | — | 60 | Inverse Equities | CDEI vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.45 | — | — | 68 | Inverse Equities, Leveraged Equities | CDEI vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.43 | — | — | 70 | Derivative Income | CDEI vs WNTR | |
| Proshares Ultrashort Bitcoin ETF | -0.42 | -0.40 | -0.40 | 52 | Cryptocurrency, Leveraged Cryptocurrency | CDEI vs SBIT | |
| ProShares Short Bitcoin ETF | -0.42 | -0.34 | -0.33 | 57 | Cryptocurrency | CDEI vs BITI |
See all 2048 diversifiers for CDEI
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