Looking to diversify beyond CLOD? The ETFs below have the lowest correlation with CLOD — 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 CLOD.
Best Diversifiers for CLOD
733 ETFs have low correlation with CLOD (below 0.3), 75 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 | — | — | 60 | Inverse Equities | CLOD vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.46 | — | — | 68 | Inverse Equities, Leveraged Equities | CLOD vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.42 | — | — | 70 | Derivative Income | CLOD vs WNTR | |
| ProShares Short Bitcoin ETF | -0.39 | — | — | 57 | Cryptocurrency | CLOD vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.38 | -0.39 | -0.39 | 52 | Cryptocurrency, Leveraged Cryptocurrency | CLOD vs SBIT |
See all 2048 diversifiers for CLOD
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Diversification Analysis
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