Looking to diversify beyond CGIB? The ETFs below have the lowest correlation with CGIB — 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 CGIB.
Best Diversifiers for CGIB
876 ETFs have low correlation with CGIB (below 0.3), 45 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.35, roughly unchanged from -0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.35 | -0.26 | -0.26 | 61 | Leveraged Currency | CGIB vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.28 | -0.05 | -0.05 | 98 | Inflation-Protected Bonds | CGIB vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.23 | -0.16 | -0.16 | 97 | Inflation-Protected Bonds | CGIB vs RBIL | |
| Fidelity Managed Futures ETF | -0.19 | -0.19 | -0.19 | 64 | Systematic Trend | CGIB vs FFUT | |
| Bastion Energy ETF | -0.19 | -0.18 | -0.18 | 75 | Energy Equities | CGIB vs BESF |
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