Looking to diversify beyond CWB? The ETFs below have historically moved differently from CWB, 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 CWB
557 ETFs have low correlation with CWB (below 0.3), 97 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 | -0.55 | — | — | 52 | Inverse Equities | CWB vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.54 | — | — | 61 | Inverse Equities, Leveraged Equities | CWB vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.53 | — | — | 75 | Derivative Income | CWB vs WNTR | |
| ProShares Short Bitcoin ETF | -0.53 | -0.46 | — | 61 | Cryptocurrency | CWB vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.53 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | CWB vs SBIT |
See all 2243 diversifiers for CWB
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