Looking to diversify beyond CLSX? The ETFs below have the lowest correlation with CLSX — 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 CLSX.
Best Diversifiers for CLSX
0 ETFs have low correlation with CLSX (below 0.3), 0 of which are negatively correlated. The least correlated is Direxion Daily MU Bull 2X Shares (MUU) (Leveraged Equities) with a 1Y correlation of 0.34, roughly unchanged from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 0.34 | 0.34 | 0.34 | 99 | Leveraged Equities | CLSX vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 0.35 | — | — | 99 | Leveraged Equities | CLSX vs MULL | |
| Direxion Daily South Korea Bull 3X Shares | 0.45 | 0.45 | 0.45 | 97 | Leveraged Equities | CLSX vs KORU | |
| Leverage Shares 2X Long ARM Daily ETF | 0.48 | 0.48 | 0.48 | 81 | Leveraged Equities | CLSX vs ARMG | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.50 | 0.50 | 0.50 | 67 | Leveraged Equities, S&P 500 | CLSX vs SPUU |
See all 6 diversifiers for CLSX
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