Looking to diversify beyond CGMM? The ETFs below have the lowest correlation with CGMM — 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 CGMM.
Best Diversifiers for CGMM
331 ETFs have low correlation with CGMM (below 0.3), 57 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.40 | — | — | 65 | Inverse Equities, Leveraged Equities | CGMM vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.40 | -0.40 | -0.40 | 56 | Inverse Equities | CGMM vs SMST | |
| ProShares Short Bitcoin ETF | -0.39 | -0.40 | -0.40 | 53 | Cryptocurrency | CGMM vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.38 | — | — | 70 | Derivative Income | CGMM vs WNTR | |
| Invesco DB Energy Fund | -0.26 | — | — | 57 | Oil & Gas | CGMM vs DBE |
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