Looking to diversify beyond CPNM? The ETFs below have the lowest correlation with CPNM — 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 CPNM.
Best Diversifiers for CPNM
352 ETFs have low correlation with CPNM (below 0.3), 34 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.18 | — | — | 55 | Oil & Gas | CPNM vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | — | — | 98 | Inflation-Protected Bonds | CPNM vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.17 | — | — | 97 | Inflation-Protected Bonds | CPNM vs RBIL | |
| Brookstone Ultra-Short Bond ETF | -0.17 | — | — | 98 | Ultrashort Bond | CPNM vs BAMU | |
| ProShares UltraShort Yen | -0.15 | — | — | 63 | Leveraged Currency | CPNM vs YCS |
See all 1947 diversifiers for CPNM
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements CPNM
Add CPNM to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CPNM