Looking to diversify beyond CRDT? The ETFs below have historically moved differently from CRDT, 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 CRDT
407 ETFs have low correlation with CRDT (below 0.3), 93 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.30, down from -0.09 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.30 | -0.09 | — | 72 | Oil & Gas | CRDT vs DBE | |
| United States Oil Fund LP | -0.29 | -0.06 | — | 55 | Oil & Gas | CRDT vs USO | |
| United States Brent Oil Fund LP | -0.27 | -0.06 | -0.06 | 52 | Oil & Gas | CRDT vs BNO | |
| Proshares Ultrashort Bitcoin ETF | -0.27 | -0.18 | -0.18 | 55 | Cryptocurrency, Leveraged Cryptocurrency | CRDT vs SBIT | |
| ProShares UltraShort Yen | -0.26 | -0.19 | — | 56 | Leveraged Currency | CRDT vs YCS |
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