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
386 ETFs have low correlation with COPA (below 0.3), 32 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.28 | — | — | 51 | Derivative Income | COPA vs WNTR | |
| ProShares UltraShort Yen | -0.23 | — | — | 73 | Leveraged Currency | COPA vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.16 | -0.16 | -0.16 | 97 | Inflation-Protected Bonds | COPA vs RBIL | |
| United States Gasoline Fund LP | -0.14 | — | — | 60 | Oil & Gas | COPA vs UGA | |
| TCW AAA CLO ETF | -0.12 | — | — | 99 | CLO | COPA vs ACLO |
See all 1942 diversifiers for COPA
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Diversification Analysis
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