5 Stocks and 95 ETFs for diversifying CPII (AMERICAN BEACON IONIC INFLATION PROTECTION ETF)
The least correlated asset to CPII (AMERICAN BEACON IONIC INFLATION PROTECTION ETF) is ETF FIYY (GRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF). The correlation is -0.9935.
Stocks that lowly correlated with CPII
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| AGTC | Applied Genetic Technologies Corp | $26M | N/A | N/A | -0.84 |
| MONCU | Monument Circle Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $251M | N/A | N/A | -0.69 |
| SCMA | Seaport Calibre Materials Acquisition Corp - Class A | $169M | N/A | N/A | -0.68 |
| LWACW | LightWave Acquisition Corp - Warrants (06/06/2030) | $178M | N/A | N/A | -0.67 |
| NVSAU | New Vista Acquisition Corp - Units (1 Ord Share Class A & 1/3 War) | $350M | N/A | N/A | -0.66 |