Looking to diversify beyond CPER? The ETFs below have the lowest correlation with CPER — 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 CPER.
Best Diversifiers for CPER
521 ETFs have low correlation with CPER (below 0.3), 29 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.37, roughly unchanged from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.37 | -0.38 | -0.38 | 51 | Currency | CPER vs UUP | |
| ProShares Short Bitcoin ETF | -0.28 | -0.20 | -0.22 | 57 | Cryptocurrency | CPER vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.28 | -0.21 | -0.21 | 52 | Cryptocurrency, Leveraged Cryptocurrency | CPER vs SBIT | |
| Return Stacked Bonds & Futures Yield ETF | -0.22 | — | — | 51 | Multistrategy | CPER vs RSBY | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.21 | — | — | 68 | Inverse Equities, Leveraged Equities | CPER vs MSTZ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CPER, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CPER and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.12, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.12 | -0.07 | 0.05 | 86 | Financial Services | |
| LTC Properties, Inc. | -0.11 | 0.03 | 0.08 | 74 | Real Estate | |
| Altria Group, Inc. | -0.10 | -0.00 | 0.06 | 81 | Consumer Defensive | |
| Waste Management, Inc. | -0.10 | -0.03 | 0.05 | 53 | Industrials | |
| Welltower Inc. | -0.10 | 0.02 | 0.10 | 92 | Real Estate |
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