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
1590 ETFs have low correlation with CGSD (below 0.3), 95 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.46, roughly unchanged from -0.42 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.46 | -0.42 | — | 61 | Leveraged Currency | CGSD vs YCS | |
| Invesco DB Oil Fund | -0.32 | -0.16 | — | 65 | Oil & Gas | CGSD vs DBO | |
| Invesco DB Energy Fund | -0.32 | -0.17 | — | 71 | Oil & Gas | CGSD vs DBE | |
| United States Gasoline Fund LP | -0.32 | -0.20 | — | 69 | Oil & Gas | CGSD vs UGA | |
| United States Brent Oil Fund LP | -0.31 | -0.18 | — | 65 | Oil & Gas | CGSD vs BNO |
See all 2115 diversifiers for CGSD
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