Looking to diversify beyond CPRA? The ETFs below have historically moved differently from CPRA, 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 CPRA
267 ETFs have low correlation with CPRA (below 0.3), 73 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.49 | — | — | 63 | Derivative Income | CPRA vs WNTR | |
| Invesco DB Energy Fund | -0.28 | — | — | 53 | Oil & Gas | CPRA vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.23 | -0.14 | -0.14 | 50 | Commodities | CPRA vs GSG | |
| United States Gasoline Fund, LP | -0.22 | — | — | 74 | Oil & Gas | CPRA vs UGA | |
| DoubleLine Commodity Strategy ETF | -0.22 | -0.12 | -0.12 | 52 | Commodities | CPRA vs DCMT |
See all 2174 diversifiers for CPRA
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