Looking to diversify beyond CVLC? The ETFs below have the lowest correlation with CVLC — 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 CVLC.
Best Diversifiers for CVLC
338 ETFs have low correlation with CVLC (below 0.3), 72 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.46, roughly unchanged from -0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.46 | -0.46 | -0.46 | 60 | Inverse Equities | CVLC vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.46 | — | — | 68 | Inverse Equities, Leveraged Equities | CVLC vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.44 | -0.36 | -0.34 | 57 | Cryptocurrency | CVLC vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.44 | -0.42 | -0.42 | 52 | Cryptocurrency, Leveraged Cryptocurrency | CVLC vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.44 | — | — | 70 | Derivative Income | CVLC vs WNTR |
See all 2047 diversifiers for CVLC
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