Looking to diversify beyond CMDY? The ETFs below have the lowest correlation with CMDY — 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 CMDY.
Best Diversifiers for CMDY
1987 ETFs have low correlation with CMDY (below 0.3), 1245 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Avantis Credit ETF | -0.29 | — | — | 54 | Global Bonds | CMDY vs AVGB | |
| iShares Yield Optimized Bond ETF | -0.28 | -0.03 | 0.02 | 52 | Intermediate Core-Plus Bond | CMDY vs BYLD | |
| iShares Investment Grade Corporate Bond Buywrite S... | -0.28 | -0.06 | — | 50 | Corporate Bonds | CMDY vs LQDW | |
| Fidelity Municipal Bond Opportunities ETF | -0.26 | -0.19 | -0.19 | 84 | Municipal Bonds | CMDY vs FMUB | |
| Avantis Short-Term Fixed Income ETF | -0.26 | -0.06 | -0.00 | 69 | Short-Term Bond | CMDY vs AVSF |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CMDY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CMDY and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| GE Vernova Inc. | -0.02 | — | — | 90 | Industrials | |
| Caterpillar Inc. | -0.01 | 0.14 | 0.27 | 97 | Industrials | |
| Exxon Mobil Corporation | 0.45 | 0.45 | 0.51 | 71 | Energy |
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