Looking to diversify beyond CGGO? The ETFs below have the lowest correlation with CGGO — 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 CGGO.
Best Diversifiers for CGGO
357 ETFs have low correlation with CGGO (below 0.3), 58 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.43 | — | — | 53 | Inverse Equities | CGGO vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.43 | — | — | 60 | Inverse Equities, Leveraged Equities | CGGO vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | -0.44 | -0.44 | 65 | Derivative Income | CGGO vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.25 | — | — | 51 | Multistrategy | CGGO vs RSBY | |
| United States Gasoline Fund LP | -0.22 | -0.06 | 0.02 | 72 | Oil & Gas | CGGO vs UGA |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CGGO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CGGO and solid risk/return profiles. The least correlated is The Charles Schwab Corporation (SCHW) (Financial Services) with a 1Y correlation of 0.17, down from 0.34 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Charles Schwab Corporation | 0.17 | 0.34 | — | 58 | Financial Services | |
| NVIDIA Corporation | 0.55 | 0.63 | — | 69 | Technology |
Build a portfolio that complements CGGO
Add CGGO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CGGO