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
341 ETFs have low correlation with CSD (below 0.3), 53 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.32 | — | — | 60 | Inverse Equities, Leveraged Equities | CSD vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.32 | -0.37 | -0.37 | 53 | Inverse Equities | CSD vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.28 | — | — | 65 | Derivative Income | CSD vs WNTR | |
| United States Gasoline Fund LP | -0.22 | -0.04 | 0.11 | 72 | Oil & Gas | CSD vs UGA | |
| Return Stacked Bonds & Futures Yield ETF | -0.20 | — | — | 51 | Multistrategy | CSD vs RSBY |
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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 RLJ Lodging Trust (RLJ) (Real Estate) with a 1Y correlation of 0.41, down from 0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| RLJ Lodging Trust | 0.41 | 0.49 | 0.57 | 90 | Real Estate | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.55 | 0.50 | 0.54 | 93 | Technology |
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