Looking to diversify beyond CSMD? The ETFs below have the lowest correlation with CSMD — 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 CSMD.
Best Diversifiers for CSMD
360 ETFs have low correlation with CSMD (below 0.3), 65 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.42 | — | — | 57 | Cryptocurrency | CSMD vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.42 | — | — | 60 | Inverse Equities | CSMD vs SMST | |
| Proshares Ultrashort Bitcoin ETF | -0.42 | — | — | 52 | Cryptocurrency, Leveraged Cryptocurrency | CSMD vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | — | — | 68 | Inverse Equities, Leveraged Equities | CSMD vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | — | — | 70 | Derivative Income | CSMD vs WNTR |
See all 2046 diversifiers for CSMD
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