Looking to diversify beyond CEW? The ETFs below have the lowest correlation with CEW — 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 CEW.
Best Diversifiers for CEW
533 ETFs have low correlation with CEW (below 0.3), 87 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.46, roughly unchanged from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.46 | -0.39 | -0.36 | 63 | Leveraged Currency | CEW vs YCS | |
| United States Oil Fund LP | -0.35 | -0.08 | 0.07 | 66 | Oil & Gas | CEW vs USO | |
| United States Brent Oil Fund LP | -0.34 | -0.06 | 0.07 | 65 | Oil & Gas | CEW vs BNO | |
| Invesco DB Energy Fund | -0.32 | -0.05 | 0.08 | 71 | Oil & Gas | CEW vs DBE | |
| Invesco DB Oil Fund | -0.30 | -0.06 | 0.09 | 65 | Oil & Gas | CEW vs DBO |
See all 2189 diversifiers for CEW
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements CEW
Add CEW to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CEW