Looking to diversify beyond CPNQ? The ETFs below have the lowest correlation with CPNQ — 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 CPNQ.
Best Diversifiers for CPNQ
392 ETFs have low correlation with CPNQ (below 0.3), 40 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | -0.26 | — | — | 55 | Inverse Equities | CPNQ vs NFXS | |
| United States Gasoline Fund LP | -0.19 | — | — | 55 | Oil & Gas | CPNQ vs UGA | |
| Brookstone Ultra-Short Bond ETF | -0.14 | — | — | 98 | Ultrashort Bond | CPNQ vs BAMU | |
| Alerian Energy Infrastructure ETF | -0.14 | — | — | 57 | Energy Equities | CPNQ vs ENFR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.13 | — | — | 98 | Inflation-Protected Bonds | CPNQ vs IBIC |
See all 1947 diversifiers for CPNQ
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