Looking to diversify beyond CPSP? The ETFs below have the lowest correlation with CPSP — 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 CPSP.
Best Diversifiers for CPSP
324 ETFs have low correlation with CPSP (below 0.3), 25 of which are negatively correlated. The least correlated is YieldMax Short MSTR Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.34, roughly unchanged from -0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.34 | -0.34 | -0.34 | 51 | Derivative Income | CPSP vs WNTR | |
| United States Gasoline Fund LP | -0.25 | — | — | 60 | Oil & Gas | CPSP vs UGA | |
| ProShares UltraShort Yen | -0.22 | — | — | 73 | Leveraged Currency | CPSP vs YCS | |
| Direxion Daily NFLX Bear 1X Shares | -0.14 | -0.19 | -0.19 | 63 | Inverse Equities | CPSP vs NFXS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.13 | — | — | 98 | Inflation-Protected Bonds | CPSP vs IBIC |
See all 1942 diversifiers for CPSP
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