Looking to diversify beyond CEFD? The ETFs below have the lowest correlation with CEFD — 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 CEFD.
Best Diversifiers for CEFD
353 ETFs have low correlation with CEFD (below 0.3), 71 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | — | — | 68 | Inverse Equities, Leveraged Equities | CEFD vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.42 | — | — | 60 | Inverse Equities | CEFD vs SMST | |
| ProShares Short Bitcoin ETF | -0.42 | -0.30 | -0.33 | 57 | Cryptocurrency | CEFD vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.41 | -0.36 | -0.36 | 52 | Cryptocurrency, Leveraged Cryptocurrency | CEFD vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | — | — | 70 | Derivative Income | CEFD vs WNTR |
See all 2048 diversifiers for CEFD
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