Looking to diversify beyond CGIC? The ETFs below have the lowest correlation with CGIC — 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 CGIC.
Best Diversifiers for CGIC
265 ETFs have low correlation with CGIC (below 0.3), 42 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 | -0.37 | — | — | 53 | Inverse Equities | CGIC vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.37 | -0.35 | -0.35 | 60 | Inverse Equities, Leveraged Equities | CGIC vs MSTZ | |
| ProShares UltraShort Yen | -0.36 | -0.21 | -0.21 | 75 | Leveraged Currency | CGIC vs YCS | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.35 | — | — | 65 | Derivative Income | CGIC vs WNTR | |
| United States Gasoline Fund LP | -0.22 | — | — | 72 | Oil & Gas | CGIC 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 CGIC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CGIC and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.41 | — | — | 69 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.59 | — | — | 93 | Technology | |
| ASML Holding N.V. | 0.65 | — | — | 95 | Technology |
Build a portfolio that complements CGIC
Add CGIC to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CGIC