Looking to diversify beyond CLIX? The ETFs below have the lowest correlation with CLIX — 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 CLIX.
Best Diversifiers for CLIX
662 ETFs have low correlation with CLIX (below 0.3), 97 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 | -0.38 | — | — | 53 | Inverse Equities | CLIX vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.38 | — | — | 60 | Inverse Equities, Leveraged Equities | CLIX vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.37 | — | — | 65 | Derivative Income | CLIX vs WNTR | |
| Tortoise North American Pipeline Fund | -0.22 | 0.10 | 0.19 | 77 | Energy Equities | CLIX vs TPYP | |
| VanEck Energy Income ETF | -0.22 | 0.09 | 0.19 | 78 | Energy Equities | CLIX vs EINC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CLIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CLIX and solid risk/return profiles. The least correlated is Definium Therapeutics, Inc (DFTX) (Healthcare) with a 1Y correlation of 0.19, down from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Definium Therapeutics, Inc | 0.19 | 0.26 | 0.30 | 99 | Healthcare | |
| COMPASS Pathways plc | 0.21 | 0.25 | 0.35 | 96 | Healthcare | |
| Bank of America Corporation | 0.22 | 0.28 | 0.34 | 79 | Financial Services | |
| Intellia Therapeutics, Inc. | 0.27 | 0.34 | 0.46 | 54 | Healthcare | |
| Cronos Group Inc. | 0.33 | 0.30 | 0.45 | 67 | Healthcare |
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