Looking to diversify beyond CFA? The ETFs below have the lowest correlation with CFA — 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 CFA.
Best Diversifiers for CFA
279 ETFs have low correlation with CFA (below 0.3), 25 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.22, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.22 | -0.05 | 0.09 | 55 | Oil & Gas | CFA vs UGA | |
| ProShares UltraShort Yen | -0.21 | -0.09 | -0.05 | 63 | Leveraged Currency | CFA vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.19 | -0.16 | -0.16 | 97 | Inflation-Protected Bonds | CFA vs RBIL | |
| WisdomTree Floating Rate Treasury Fund | -0.17 | -0.03 | -0.02 | 100 | Government Bonds, Ultrashort Bond | CFA vs USFR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | -0.02 | -0.02 | 98 | Inflation-Protected Bonds | CFA vs IBIC |
See all 1949 diversifiers for CFA
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Diversification Analysis
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