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
384 ETFs have low correlation with CGMM (below 0.3), 68 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.25, down from -0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.25 | -0.11 | -0.11 | 71 | Oil & Gas | CGMM vs DBE | |
| United States Oil Fund LP | -0.24 | -0.10 | -0.10 | 66 | Oil & Gas | CGMM vs USO | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.23 | — | — | 98 | Inflation-Protected Bonds | CGMM vs RBIL | |
| United States Brent Oil Fund LP | -0.22 | — | — | 65 | Oil & Gas | CGMM vs BNO | |
| United States 12 Month Oil Fund LP | -0.22 | — | — | 56 | Oil & Gas | CGMM vs USL |
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