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
1049 ETFs have low correlation with CPLS (below 0.3), 92 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.47 | — | — | 63 | Leveraged Currency | CPLS vs YCS | |
| United States Gasoline Fund LP | -0.44 | — | — | 71 | Oil & Gas | CPLS vs UGA | |
| Invesco DB Energy Fund | -0.43 | — | — | 71 | Oil & Gas | CPLS vs DBE | |
| Invesco DB Oil Fund | -0.42 | — | — | 65 | Oil & Gas | CPLS vs DBO | |
| United States Brent Oil Fund LP | -0.42 | — | — | 65 | Oil & Gas | CPLS vs BNO |
See all 2189 diversifiers for CPLS
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