Looking to diversify beyond CSD? The ETFs below have the lowest correlation with CSD — 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 CSD.
Best Diversifiers for CSD
293 ETFs have low correlation with CSD (below 0.3), 34 of which are negatively correlated. The least correlated is iShares iBonds Oct 2026 Term TIPS ETF (IBIC) (Inflation-Protected Bonds) with a 1Y correlation of -0.17, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | -0.03 | -0.03 | 98 | Inflation-Protected Bonds | CSD vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.17 | -0.16 | -0.16 | 97 | Inflation-Protected Bonds | CSD vs RBIL | |
| ProShares UltraShort Yen | -0.16 | -0.05 | -0.02 | 61 | Leveraged Currency | CSD vs YCS | |
| WisdomTree Floating Rate Treasury Fund | -0.14 | -0.04 | -0.02 | 100 | Government Bonds, Ultrashort Bond | CSD vs USFR | |
| First Trust Alternative Absolute Return Strategy E... | -0.11 | 0.01 | 0.06 | 70 | Commodities | CSD vs FAAR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CSD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CSD and solid risk/return profiles. The least correlated is Taiwan Semiconductor Manufacturing Company Limited (TSM) (Technology) with a 1Y correlation of 0.55, roughly unchanged from 0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 0.55 | 0.50 | 0.54 | 95 | Technology |
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