Looking to diversify beyond CIL? The ETFs below have the lowest correlation with CIL — 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 CIL.
Best Diversifiers for CIL
526 ETFs have low correlation with CIL (below 0.3), 38 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.37, down from -0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.37 | -0.29 | -0.21 | 63 | Leveraged Currency | CIL vs YCS | |
| Defiance Oil Enhanced Options Income ETF | -0.14 | -0.01 | -0.01 | 56 | Derivative Income | CIL vs USOY | |
| United States Gasoline Fund LP | -0.13 | 0.00 | 0.11 | 71 | Oil & Gas | CIL vs UGA | |
| Invesco DB Oil Fund | -0.13 | 0.02 | 0.12 | 65 | Oil & Gas | CIL vs DBO | |
| United States Brent Oil Fund LP | -0.13 | 0.01 | 0.11 | 65 | Oil & Gas | CIL vs BNO |
See all 2188 diversifiers for CIL
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Diversification Analysis
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