Looking to diversify beyond COPA? The ETFs below have historically moved differently from COPA, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for COPA
549 ETFs have low correlation with COPA (below 0.3), 62 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.40 | — | — | 51 | Cryptocurrency | COPA vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.32 | -0.31 | -0.31 | 69 | Derivative Income | COPA vs WNTR | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.23 | -0.13 | -0.13 | 51 | Nontraditional Bonds | COPA vs RISR | |
| ProShares UltraShort Yen | -0.19 | — | — | 59 | Leveraged Currency | COPA vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.18 | — | — | 97 | Inflation-Protected Bonds | COPA vs RBIL |
See all 2292 diversifiers for COPA
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