Looking to diversify beyond COPA? The ETFs below have the lowest correlation with COPA — 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 COPA.
Best Diversifiers for COPA
443 ETFs have low correlation with COPA (below 0.3), 46 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.24 | — | — | 61 | Leveraged Currency | COPA vs YCS | |
| United States Oil Fund LP | -0.20 | — | — | 66 | Oil & Gas | COPA vs USO | |
| United States Brent Oil Fund LP | -0.19 | -0.01 | -0.01 | 65 | Oil & Gas | COPA vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.18 | — | — | 56 | Derivative Income | COPA vs USOY | |
| Invesco DB Energy Fund | -0.17 | -0.00 | -0.00 | 71 | Oil & Gas | COPA vs DBE |
See all 2111 diversifiers for COPA
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Diversification Analysis
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