Looking to diversify beyond CEFZ? The ETFs below have the lowest correlation with CEFZ — 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 CEFZ.
Best Diversifiers for CEFZ
344 ETFs have low correlation with CEFZ (below 0.3), 43 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.47, roughly unchanged from -0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.47 | -0.47 | -0.47 | 53 | Inverse Equities | CEFZ vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.46 | -0.46 | -0.46 | 60 | Inverse Equities, Leveraged Equities | CEFZ vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.44 | -0.44 | -0.44 | 65 | Derivative Income | CEFZ vs WNTR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | -0.15 | -0.15 | 98 | Inflation-Protected Bonds | CEFZ vs IBIC | |
| iShares Enhanced Short-Term Bond Active ETF | -0.13 | -0.13 | -0.13 | 99 | Ultrashort Bond | CEFZ vs CSHP |
See all 2033 diversifiers for CEFZ
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