Looking to diversify beyond COPZ? The ETFs below have the lowest correlation with COPZ — 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 COPZ.
Best Diversifiers for COPZ
93 ETFs have low correlation with COPZ (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers US 0-1 Year Treasury ETF (TRSY) (Government Bonds) with a 1Y correlation of 0.08, roughly unchanged from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers US 0-1 Year Treasury ETF | 0.08 | 0.08 | 0.08 | 99 | Government Bonds, Ultrashort Bond | COPZ vs TRSY | |
| SPDR Bloomberg 3-12 Month T-Bill ETF | 0.08 | 0.08 | 0.08 | 100 | Ultrashort Bond | COPZ vs BILS | |
| Cambria Tactical Yield ETF | 0.08 | 0.08 | 0.08 | 99 | COPZ vs TYLD | ||
| Invesco Variable Rate Investment Grade ETF | 0.09 | 0.09 | 0.09 | 99 | Ultrashort Bond | COPZ vs VRIG | |
| SPDR S&P Oil & Gas Equipment & Services ETF | 0.09 | 0.09 | 0.09 | 82 | Energy Equities | COPZ vs XES |
See all 1866 diversifiers for COPZ
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