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
281 ETFs have low correlation with CEFZ (below 0.3), 36 of which are negatively correlated. The least correlated is iShares Enhanced Short-Term Bond Active ETF (CSHP) (Ultrashort Bond) with a 1Y correlation of -0.16, roughly unchanged from -0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Enhanced Short-Term Bond Active ETF | -0.16 | -0.16 | -0.16 | 99 | Ultrashort Bond | CEFZ vs CSHP | |
| Texas Capital Government Money Market ETF | -0.12 | -0.12 | -0.12 | 100 | Money Market | CEFZ vs MMKT | |
| ProShares UltraShort Yen | -0.11 | -0.11 | -0.11 | 61 | Leveraged Currency | CEFZ vs YCS | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.10 | -0.10 | -0.10 | 95 | Inflation-Protected Bonds | CEFZ vs IBID | |
| iShares Treasury Floating Rate Bond ETF | -0.09 | -0.09 | -0.09 | 100 | Government Bonds, Ultrashort Bond | CEFZ vs TFLO |
See all 2053 diversifiers for CEFZ
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Diversification Analysis
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