Looking to diversify beyond CPNS? The ETFs below have the lowest correlation with CPNS — 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 CPNS.
Best Diversifiers for CPNS
427 ETFs have low correlation with CPNS (below 0.3), 59 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.48 | — | — | 53 | Inverse Equities | CPNS vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.47 | — | — | 60 | Inverse Equities, Leveraged Equities | CPNS vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.45 | — | — | 65 | Derivative Income | CPNS vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.18 | — | — | 51 | Multistrategy | CPNS vs RSBY | |
| Direxion Daily NFLX Bear 1X Shares | -0.17 | — | — | 60 | Inverse Equities | CPNS vs NFXS |
See all 2057 diversifiers for CPNS
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