Looking to diversify beyond CMDT? The ETFs below have the lowest correlation with CMDT — 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 CMDT.
Best Diversifiers for CMDT
1970 ETFs have low correlation with CMDT (below 0.3), 1066 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Avantis Credit ETF | -0.30 | — | — | 51 | Global Bonds | CMDT vs AVGB | |
| F/M 2-Year Investment Grade Corporate Bond ETF | -0.29 | — | — | 92 | Short-Term Bond | CMDT vs ZTWO | |
| Global X Short-Term Treasury Ladder ETF | -0.29 | -0.20 | -0.20 | 84 | Government Bonds, Short-Term Bond | CMDT vs SLDR | |
| iShares Yield Optimized Bond ETF | -0.28 | -0.06 | — | 53 | Intermediate Core-Plus Bond | CMDT vs BYLD | |
| Avantis Short-Term Fixed Income ETF | -0.28 | -0.11 | -0.10 | 67 | Short-Term Bond | CMDT vs AVSF |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CMDT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CMDT and solid risk/return profiles. The least correlated is Semtech Corporation (SMTC) (Technology) with a 1Y correlation of -0.01, roughly unchanged from 0.04 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Semtech Corporation | -0.01 | 0.04 | — | 94 | Technology | |
| Comfort Systems USA, Inc. | 0.04 | 0.09 | 0.09 | 98 | Industrials | |
| NVIDIA Corporation | 0.07 | 0.08 | 0.08 | 65 | Technology | |
| MaxLinear, Inc. | 0.07 | 0.14 | — | 98 | Technology |
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