Looking to diversify beyond CNAV? The ETFs below have the lowest correlation with CNAV — 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 CNAV.
Best Diversifiers for CNAV
452 ETFs have low correlation with CNAV (below 0.3), 65 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 | -0.33 | — | — | 53 | Inverse Equities | CNAV vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.33 | — | — | 60 | Inverse Equities, Leveraged Equities | CNAV vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.31 | — | — | 65 | Derivative Income | CNAV vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.20 | — | — | 51 | Multistrategy | CNAV vs RSBY | |
| Texas Capital Government Money Market ETF | -0.18 | -0.05 | -0.05 | 100 | Money Market | CNAV vs MMKT |
See all 2068 diversifiers for CNAV
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Diversification Analysis
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