Looking to diversify beyond ISMD? The ETFs below have historically moved differently from ISMD, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for ISMD
363 ETFs have low correlation with ISMD (below 0.3), 61 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.39 | — | — | 61 | Inverse Equities, Leveraged Equities | ISMD vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.38 | — | — | 52 | Inverse Equities | ISMD vs SMST | |
| ProShares Short Bitcoin ETF | -0.38 | -0.34 | — | 61 | Cryptocurrency | ISMD vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.37 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | ISMD vs SBIT | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.36 | — | — | 75 | Derivative Income | ISMD vs WNTR |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ISMD, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.15, down from 0.47 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.15 | 0.36 | 0.47 | 61 | Financial Services |
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