Looking to diversify beyond CGGG? The ETFs below have the lowest correlation with CGGG — 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 CGGG.
Best Diversifiers for CGGG
420 ETFs have low correlation with CGGG (below 0.3), 95 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.32, roughly unchanged from -0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.32 | -0.32 | -0.32 | 71 | Oil & Gas | CGGG vs DBE | |
| United States Oil Fund LP | -0.29 | -0.29 | -0.29 | 66 | Oil & Gas | CGGG vs USO | |
| United States Brent Oil Fund LP | -0.28 | -0.28 | -0.28 | 65 | Oil & Gas | CGGG vs BNO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.27 | -0.27 | -0.27 | 55 | Oil & Gas | CGGG vs OILK | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.26 | -0.26 | -0.26 | 98 | Inflation-Protected Bonds | CGGG vs RBIL |
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