Looking to diversify beyond CVAR? The ETFs below have the lowest correlation with CVAR — 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 CVAR.
Best Diversifiers for CVAR
354 ETFs have low correlation with CVAR (below 0.3), 17 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.26, roughly unchanged from -0.16 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.26 | -0.16 | — | 61 | Leveraged Currency | CVAR vs YCS | |
| WisdomTree Floating Rate Treasury Fund | -0.10 | -0.03 | — | 100 | Government Bonds, Ultrashort Bond | CVAR vs USFR | |
| Breakwave Tanker Shipping ETF | -0.07 | 0.00 | — | 98 | Commodities | CVAR vs BWET | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.06 | — | — | 97 | Inflation-Protected Bonds | CVAR vs RBIL | |
| TCW AAA CLO ETF | -0.06 | 0.02 | 0.02 | 99 | CLO | CVAR vs ACLO |
See all 2073 diversifiers for CVAR
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