Looking to diversify beyond CPSO? The ETFs below have the lowest correlation with CPSO — 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 CPSO.
Best Diversifiers for CPSO
375 ETFs have low correlation with CPSO (below 0.3), 51 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.53 | — | — | 52 | Cryptocurrency | CPSO vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.49 | — | — | 63 | Inverse Equities | CPSO vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.49 | — | — | 70 | Inverse Equities, Leveraged Equities | CPSO vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.47 | — | — | 73 | Derivative Income | CPSO vs WNTR | |
| Invesco DB Energy Fund | -0.24 | — | — | 57 | Oil & Gas | CPSO vs DBE |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements CPSO
Add CPSO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CPSO