Looking to diversify beyond CEGX? The ETFs below have the lowest correlation with CEGX — 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 CEGX.
Best Diversifiers for CEGX
4 ETFs have low correlation with CEGX (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GraniteShares 2x Long INTC Daily ETF | 0.22 | — | — | 96 | Leveraged Equities | CEGX vs INTW | |
| Direxion Daily MU Bull 2X Shares | 0.29 | — | — | 98 | Leveraged Equities, Semiconductors | CEGX vs MUU | |
| GraniteShares 2x Long DELL Daily ETF | 0.29 | — | — | 94 | Leveraged Equities | CEGX vs DLLL | |
| GraniteShares 2x Long MU Daily ETF | 0.29 | — | — | 98 | Leveraged Equities | CEGX vs MULL | |
| GraniteShares 2x Long MRVL Daily ETF | 0.32 | — | — | 68 | Leveraged Equities | CEGX vs MVLL |
See all 16 diversifiers for CEGX
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