Looking to diversify beyond COPP? The ETFs below have historically moved differently from COPP, 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 COPP
554 ETFs have low correlation with COPP (below 0.3), 66 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 | -0.39 | — | — | 61 | Cryptocurrency | COPP vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.39 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | COPP vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.34 | — | — | 52 | Inverse Equities | COPP vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.34 | — | — | 61 | Inverse Equities, Leveraged Equities | COPP vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.31 | — | — | 75 | Derivative Income | COPP vs WNTR |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for COPP, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.21, down from -0.09 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.21 | -0.09 | -0.09 | 89 | Financial Services | |
| Altria Group, Inc. | -0.17 | -0.09 | -0.09 | 66 | Consumer Defensive | |
| Duke Energy Corporation | -0.14 | -0.09 | -0.09 | 56 | Utilities | |
| The Coca-Cola Company | -0.10 | -0.06 | -0.06 | 90 | Consumer Defensive | |
| ConocoPhillips Company | -0.10 | 0.09 | 0.09 | 72 | Energy |
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