Looking to diversify beyond CVNX? The ETFs below have historically moved differently from CVNX, 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 CVNX
991 ETFs have low correlation with CVNX (below 0.3), 136 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.25 | — | — | 52 | Inverse Equities | CVNX vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.25 | — | — | 61 | Inverse Equities, Leveraged Equities | CVNX vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.23 | — | — | 75 | Derivative Income | CVNX vs WNTR | |
| Invesco DB Energy Fund | -0.23 | — | — | 72 | Oil & Gas | CVNX vs DBE | |
| Proshares Ultrashort Bitcoin ETF | -0.22 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | CVNX vs SBIT |
See all 2233 diversifiers for CVNX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements CVNX
Add CVNX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CVNX