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
300 ETFs have low correlation with CFA (below 0.3), 48 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.35, roughly unchanged from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.35 | -0.36 | -0.36 | 68 | Inverse Equities, Leveraged Equities | CFA vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.35 | -0.37 | -0.37 | 60 | Inverse Equities | CFA vs SMST | |
| Proshares Ultrashort Bitcoin ETF | -0.35 | -0.35 | -0.35 | 52 | Cryptocurrency, Leveraged Cryptocurrency | CFA vs SBIT | |
| ProShares Short Bitcoin ETF | -0.35 | -0.32 | -0.34 | 57 | Cryptocurrency | CFA vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.32 | -0.36 | -0.36 | 70 | Derivative Income | CFA vs WNTR |
See all 2051 diversifiers for CFA
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