Looking to diversify beyond CFA? The ETFs below have historically moved differently from CFA, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for CFA
319 ETFs have low correlation with CFA (below 0.3), 52 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.35 | — | — | 61 | Inverse Equities, Leveraged Equities | CFA vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.34 | — | — | 52 | Inverse Equities | CFA vs SMST | |
| ProShares Short Bitcoin ETF | -0.34 | -0.31 | — | 61 | Cryptocurrency | CFA vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.34 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | CFA vs SBIT | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.32 | — | — | 75 | Derivative Income | CFA vs WNTR |
See all 2240 diversifiers for CFA
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