Looking to diversify beyond CRCA? The ETFs below have the lowest correlation with CRCA — 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 CRCA.
Best Diversifiers for CRCA
715 ETFs have low correlation with CRCA (below 0.3), 32 of which are negatively correlated. The least correlated is YieldMax Short MSTR Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.59, roughly unchanged from -0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.59 | -0.59 | -0.59 | 51 | Derivative Income | CRCA vs WNTR | |
| Brookmont Catastrophic Bond ETF | -0.11 | — | — | 74 | Nontraditional Bonds | CRCA vs ILS | |
| Panagram AAA CLO ETF | -0.09 | — | — | 97 | CLO | CRCA vs CLOX | |
| Franklin Liberty Systematic Style Premia ETF | -0.06 | -0.06 | -0.06 | 69 | Long-Short | CRCA vs FLSP | |
| JPMorgan Ultra-Short Municipal Income ETF | -0.05 | -0.05 | -0.05 | 98 | Ultrashort Bond | CRCA vs JMST |
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