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
2031 ETFs have low correlation with CMDY (below 0.3), 1595 of which are negatively correlated. The least correlated is iShares Yield Optimized Bond ETF (BYLD) (Intermediate Core-Plus Bond) with a 1Y correlation of -0.29, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Yield Optimized Bond ETF | -0.29 | -0.03 | 0.02 | 52 | Intermediate Core-Plus Bond | CMDY vs BYLD | |
| iShares Investment Grade Corporate Bond Buywrite S... | -0.28 | -0.05 | — | 56 | Corporate Bonds | CMDY vs LQDW | |
| Avantis Credit ETF | -0.28 | — | — | 50 | Global Bonds | CMDY vs AVGB | |
| Invesco Emerging Markets Sovereign Debt ETF | -0.26 | 0.03 | 0.08 | 59 | Emerging Markets Bonds | CMDY vs PCY | |
| Ishares J.P. Morgan Broad USD Emerging Markets Bon... | -0.26 | 0.01 | — | 66 | Emerging Markets Bonds | CMDY vs BEMB |
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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. | -0.05 | — | — | 92 | Industrials | |
| Caterpillar Inc. | -0.03 | 0.15 | 0.28 | 99 | Industrials | |
| Exxon Mobil Corporation | 0.47 | 0.45 | 0.51 | 68 | Energy |
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