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
388 ETFs have low correlation with CPSP (below 0.3), 52 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.35 | — | — | 65 | Inverse Equities, Leveraged Equities | CPSP vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.35 | — | — | 56 | Inverse Equities | CPSP vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.34 | — | — | 70 | Derivative Income | CPSP vs WNTR | |
| ProShares Short Bitcoin ETF | -0.33 | -0.33 | -0.33 | 53 | Cryptocurrency | CPSP vs BITI | |
| Invesco DB Energy Fund | -0.24 | — | — | 57 | Oil & Gas | CPSP vs DBE |
See all 2072 diversifiers for CPSP
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