Looking to diversify beyond CSM? The ETFs below have the lowest correlation with CSM — 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 CSM.
Best Diversifiers for CSM
335 ETFs have low correlation with CSM (below 0.3), 54 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.46, roughly unchanged from -0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.46 | -0.45 | -0.45 | 53 | Inverse Equities | CSM vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.45 | — | — | 60 | Inverse Equities, Leveraged Equities | CSM vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.43 | — | — | 65 | Derivative Income | CSM vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.26 | — | — | 51 | Multistrategy | CSM vs RSBY | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.23 | — | — | 98 | Inflation-Protected Bonds | CSM vs IBIC |
See all 2058 diversifiers for CSM
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