Looking to diversify beyond CPLS? The ETFs below have historically moved differently from CPLS, 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 CPLS
722 ETFs have low correlation with CPLS (below 0.3), 115 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.45 | — | — | 72 | Oil & Gas | CPLS vs DBE | |
| United States Brent Oil Fund LP | -0.44 | — | — | 52 | Oil & Gas | CPLS vs BNO | |
| United States Oil Fund LP | -0.44 | -0.27 | -0.27 | 55 | Oil & Gas | CPLS vs USO | |
| Invesco DB Oil Fund | -0.43 | — | — | 58 | Oil & Gas | CPLS vs DBO | |
| United States Gasoline Fund, LP | -0.43 | — | — | 87 | Oil & Gas | CPLS vs UGA |
To view more results, upgrade your current subscription plan.
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