Looking to diversify beyond CPSN? The ETFs below have historically moved differently from CPSN, 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 CPSN
463 ETFs have low correlation with CPSN (below 0.3), 75 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 | -0.42 | — | — | 75 | Derivative Income | CPSN vs WNTR | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.41 | — | — | 61 | Inverse Equities, Leveraged Equities | CPSN vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.41 | — | — | 52 | Inverse Equities | CPSN vs SMST | |
| ProShares Short Bitcoin ETF | -0.39 | — | — | 61 | Cryptocurrency | CPSN vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.39 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | CPSN vs SBIT |
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