Looking to diversify beyond COIO? The ETFs below have the lowest correlation with COIO — 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 COIO.
Best Diversifiers for COIO
0 ETFs have low correlation with COIO (below 0.3), 0 of which are negatively correlated. The least correlated is Leverage Shares 2X Long ARM Daily ETF (ARMG) (Leveraged Equities) with a 1Y correlation of 0.43, roughly unchanged from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leverage Shares 2X Long ARM Daily ETF | 0.43 | 0.43 | 0.43 | 56 | Leveraged Equities | COIO vs ARMG | |
| iShares Large Cap Max Buffer Mar ETF | 0.44 | 0.44 | 0.44 | 98 | Defined Outcome | COIO vs MMAX | |
| FT Vest U.S. Equity Max Buffer ETF - April | 0.44 | 0.44 | 0.44 | 97 | Defined Outcome | COIO vs APXM | |
| PGIM S&P 500 Max Buffer ETF - May | 0.46 | 0.46 | 0.46 | 97 | Defined Outcome, S&P 500 | COIO vs PMMY | |
| Innovator Premium Income 15 Buffer ETF - July | 0.48 | — | — | 97 | Defined Outcome | COIO vs LJUL |
See all 11 diversifiers for COIO
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements COIO
Add COIO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with COIO