Looking to diversify beyond CPSM? The ETFs below have the lowest correlation with CPSM — 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 CPSM.
Best Diversifiers for CPSM
424 ETFs have low correlation with CPSM (below 0.3), 37 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.20, down from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.20 | 0.00 | 0.00 | 71 | Oil & Gas | CPSM vs DBE | |
| United States Oil Fund LP | -0.19 | — | — | 66 | Oil & Gas | CPSM vs USO | |
| United States Gasoline Fund LP | -0.19 | — | — | 69 | Oil & Gas | CPSM vs UGA | |
| Defiance Oil Enhanced Options Income ETF | -0.19 | 0.02 | 0.02 | 56 | Derivative Income | CPSM vs USOY | |
| United States Brent Oil Fund LP | -0.19 | 0.02 | 0.02 | 65 | Oil & Gas | CPSM vs BNO |
See all 2116 diversifiers for CPSM
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