Looking to diversify beyond CEFA? The ETFs below have the lowest correlation with CEFA — 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 CEFA.
Best Diversifiers for CEFA
249 ETFs have low correlation with CEFA (below 0.3), 39 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.44, down from -0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.44 | -0.28 | -0.24 | 63 | Leveraged Currency | CEFA vs YCS | |
| United States Gasoline Fund LP | -0.33 | -0.07 | 0.06 | 55 | Oil & Gas | CEFA vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.25 | — | — | 97 | Inflation-Protected Bonds | CEFA vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | CEFA vs IBIC | |
| TCW AAA CLO ETF | -0.16 | — | — | 99 | CLO | CEFA vs ACLO |
See all 1948 diversifiers for CEFA
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