Looking to diversify beyond CHGX? The ETFs below have the lowest correlation with CHGX — 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 CHGX.
Best Diversifiers for CHGX
340 ETFs have low correlation with CHGX (below 0.3), 63 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.46 | — | — | 63 | Inverse Equities | CHGX vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.46 | — | — | 70 | Inverse Equities, Leveraged Equities | CHGX vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.44 | -0.35 | -0.37 | 52 | Cryptocurrency | CHGX vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.43 | — | — | 73 | Derivative Income | CHGX vs WNTR | |
| Invesco DB Energy Fund | -0.26 | -0.11 | 0.05 | 57 | Oil & Gas | CHGX vs DBE |
See all 2068 diversifiers for CHGX
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