Looking to diversify beyond CPLS? The ETFs below have the lowest correlation with CPLS — 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 CPLS.
Best Diversifiers for CPLS
686 ETFs have low correlation with CPLS (below 0.3), 47 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.47 | — | — | 61 | Leveraged Currency | CPLS vs YCS | |
| Fidelity Managed Futures ETF | -0.32 | — | — | 64 | Systematic Trend | CPLS vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.28 | — | — | 70 | Commodities | CPLS vs FAAR | |
| VanEck Commodity Strategy ETF | -0.28 | — | — | 55 | Commodities | CPLS vs PIT | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.23 | -0.12 | -0.12 | 53 | Commodities | CPLS vs FTGC |
See all 2074 diversifiers for CPLS
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements CPLS
Add CPLS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CPLS