Looking to diversify beyond CGMM? The ETFs below have historically moved differently from CGMM, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for CGMM
298 ETFs have low correlation with CGMM (below 0.3), 81 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.41 | — | — | 51 | Cryptocurrency | CGMM vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.41 | — | — | 69 | Derivative Income | CGMM vs WNTR | |
| Invesco DB Energy Fund | -0.28 | -0.15 | -0.15 | 66 | Oil & Gas | CGMM vs DBE | |
| Invesco DB Oil Fund | -0.26 | -0.11 | -0.11 | 51 | Oil & Gas | CGMM vs DBO | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.22 | -0.13 | -0.13 | 51 | Nontraditional Bonds | CGMM vs RISR |
See all 2291 diversifiers for CGMM
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