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
1197 ETFs have low correlation with CGSD (below 0.3), 93 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.45, roughly unchanged from -0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.45 | -0.41 | -0.39 | 51 | Currency | CGSD vs UUP | |
| ProShares UltraShort Yen | -0.43 | -0.41 | — | 72 | Leveraged Currency | CGSD vs YCS | |
| Invesco DB Energy Fund | -0.33 | -0.19 | -0.15 | 53 | Oil & Gas | CGSD vs DBE | |
| United States Gasoline Fund LP | -0.32 | -0.20 | — | 78 | Oil & Gas | CGSD vs UGA | |
| Fidelity Managed Futures ETF | -0.30 | — | — | 71 | Systematic Trend | CGSD vs FFUT |
See all 2047 diversifiers for CGSD
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