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
2096 ETFs have low correlation with CMDT (below 0.3), 1654 of which are negatively correlated. The least correlated is Neos Enhanced Income Aggregate Bond ETF (BNDI) (Intermediate Core-Plus Bond) with a 1Y correlation of -0.31, down from -0.10 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Neos Enhanced Income Aggregate Bond ETF | -0.31 | -0.10 | — | 52 | Intermediate Core-Plus Bond | CMDT vs BNDI | |
| Federated Hermes Short Duration Corporate ETF | -0.30 | -0.07 | — | 69 | Short-Term Bond | CMDT vs FCSH | |
| F/M 2-Year Investment Grade Corporate Bond ETF | -0.30 | — | — | 89 | Short-Term Bond | CMDT vs ZTWO | |
| iShares Yield Optimized Bond ETF | -0.30 | -0.06 | -0.06 | 57 | Intermediate Core-Plus Bond | CMDT vs BYLD | |
| AB Short Duration Income ETF | -0.29 | -0.12 | -0.12 | 72 | Short-Term Bond | CMDT vs SDFI |
To view more results, upgrade your current subscription plan.
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 NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.01, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.01 | 0.07 | 0.07 | 82 | Technology | |
| Comfort Systems USA, Inc. | 0.04 | 0.09 | 0.09 | 99 | Industrials | |
| MaxLinear, Inc. | 0.06 | 0.13 | 0.13 | 99 | Technology |
Build a portfolio that complements CMDT
Add CMDT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CMDT