Looking to diversify beyond CPSD? The ETFs below have historically moved differently from CPSD, 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 CPSD
484 ETFs have low correlation with CPSD (below 0.3), 79 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.46 | — | — | 52 | Inverse Equities | CPSD vs SMST | |
| Proshares Ultrashort Bitcoin ETF | -0.45 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | CPSD vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.45 | — | — | 61 | Inverse Equities, Leveraged Equities | CPSD vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.45 | — | — | 61 | Cryptocurrency | CPSD vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.42 | — | — | 75 | Derivative Income | CPSD vs WNTR |
See all 2236 diversifiers for CPSD
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