Looking to diversify beyond CPSY? The ETFs below have historically moved differently from CPSY, 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 CPSY
447 ETFs have low correlation with CPSY (below 0.3), 73 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 | -0.45 | — | — | 69 | Derivative Income | CPSY vs WNTR | |
| ProShares Short Bitcoin ETF | -0.45 | — | — | 51 | Cryptocurrency | CPSY vs BITI | |
| Invesco DB Energy Fund | -0.25 | — | — | 66 | Oil & Gas | CPSY vs DBE | |
| Invesco DB Oil Fund | -0.20 | -0.11 | -0.11 | 51 | Oil & Gas | CPSY vs DBO | |
| YieldMax XOM Option Income Strategy ETF | -0.20 | -0.01 | -0.01 | 52 | Derivative Income, Dividend | CPSY vs XOMO |
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