Looking to diversify beyond CGSD? The ETFs below have the lowest correlation with CGSD — 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 CGSD.
Best Diversifiers for CGSD
1223 ETFs have low correlation with CGSD (below 0.3), 57 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.44, roughly unchanged from -0.41 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.44 | -0.42 | — | 63 | Leveraged Currency | CGSD vs YCS | |
| United States Gasoline Fund LP | -0.32 | -0.20 | — | 55 | Oil & Gas | CGSD vs UGA | |
| Fidelity Managed Futures ETF | -0.28 | — | — | 64 | Systematic Trend | CGSD vs FFUT | |
| iShares Enhanced Short-Term Bond Active ETF | -0.23 | — | — | 99 | Ultrashort Bond | CGSD vs CSHP | |
| Bastion Energy ETF | -0.22 | — | — | 84 | Energy Equities | CGSD vs BESF |
See all 1949 diversifiers for CGSD
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