Looking to diversify beyond CPXR? The ETFs below have historically moved differently from CPXR, 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 CPXR
4 ETFs have low correlation with CPXR (below 0.3), 1 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.08 | — | — | 55 | Oil & Gas | CPXR vs USO | |
| USCF Midstream Energy Income Fund ETF | 0.04 | — | — | 83 | Energy Equities | CPXR vs UMI | |
| MicroSectors Oil & Gas Exploration & Production 3X... | 0.05 | — | — | 56 | Leveraged Equities, Energy Equities, Oil & Gas | CPXR vs OILU | |
| USCF Sustainable Commodity Strategy Fund | 0.26 | — | — | 86 | Commodities | CPXR vs ZSC | |
| USCF Sustainable Battery Metals Strategy Fund | 0.58 | — | — | 78 | Lithium & Battery Metals, Commodities | CPXR vs ZSB |
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