Looking to diversify beyond CGSM? The ETFs below have historically moved differently from CGSM, 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 CGSM
2016 ETFs have low correlation with CGSM (below 0.3), 127 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund, LP | -0.29 | — | — | 87 | Oil & Gas | CGSM vs UGA | |
| Invesco DB Energy Fund | -0.29 | — | — | 72 | Oil & Gas | CGSM vs DBE | |
| Invesco DB Oil Fund | -0.27 | — | — | 58 | Oil & Gas | CGSM vs DBO | |
| United States Brent Oil Fund LP | -0.26 | -0.18 | -0.18 | 52 | Oil & Gas | CGSM vs BNO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.26 | — | — | 67 | Commodities | CGSM vs GSG |
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