Looking to diversify beyond CIL? The ETFs below have historically moved differently from CIL, 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 CIL
646 ETFs have low correlation with CIL (below 0.3), 19 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.24, roughly unchanged from -0.22 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.24 | -0.28 | -0.22 | 59 | Leveraged Currency | CIL vs YCS | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.23 | -0.14 | -0.09 | 51 | Nontraditional Bonds | CIL vs RISR | |
| ProShares Short Bitcoin ETF | -0.22 | -0.25 | — | 51 | Cryptocurrency | CIL vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.11 | — | — | 69 | Derivative Income | CIL vs WNTR | |
| SGI Enhanced Core ETF | -0.08 | -0.03 | -0.03 | 96 | Intermediate Core Bond | CIL vs USDX |
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