Looking to diversify beyond CEFS? The ETFs below have the lowest correlation with CEFS — 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 CEFS.
Best Diversifiers for CEFS
484 ETFs have low correlation with CEFS (below 0.3), 78 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 | -0.36 | — | — | 60 | Inverse Equities | CEFS vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.36 | — | — | 70 | Derivative Income | CEFS vs WNTR | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.36 | -0.35 | -0.35 | 68 | Inverse Equities, Leveraged Equities | CEFS vs MSTZ | |
| Proshares Ultrashort Bitcoin ETF | -0.34 | -0.33 | -0.33 | 52 | Cryptocurrency, Leveraged Cryptocurrency | CEFS vs SBIT | |
| ProShares Short Bitcoin ETF | -0.34 | -0.28 | -0.30 | 57 | Cryptocurrency | CEFS vs BITI |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CEFS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CEFS and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.19, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.19 | -0.00 | 0.11 | 81 | Consumer Defensive | |
| Chevron Corporation | -0.19 | 0.09 | 0.25 | 70 | Energy | |
| Realty Income Corporation | -0.05 | 0.17 | 0.24 | 74 | Real Estate | |
| Berkshire Hathaway Inc. | -0.01 | 0.23 | 0.33 | 53 | Financial Services | |
| TKO Group Holdings Inc. | 0.14 | 0.25 | 0.25 | 52 | Communication Services |
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