Looking to diversify beyond CRDT? The ETFs below have the lowest correlation with CRDT — 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 CRDT.
Best Diversifiers for CRDT
414 ETFs have low correlation with CRDT (below 0.3), 58 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.28, roughly unchanged from -0.20 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.28 | -0.20 | — | 75 | Leveraged Currency | CRDT vs YCS | |
| Defiance Daily Target 2X Short MSTR ETF | -0.26 | — | — | 53 | Inverse Equities | CRDT vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.26 | — | — | 65 | Derivative Income | CRDT vs WNTR | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.26 | -0.22 | -0.22 | 60 | Inverse Equities, Leveraged Equities | CRDT vs MSTZ | |
| United States Gasoline Fund LP | -0.22 | -0.06 | — | 72 | Oil & Gas | CRDT vs UGA |
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