Looking to diversify beyond MBS? The ETFs below have historically moved differently from MBS, 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 MBS
998 ETFs have low correlation with MBS (below 0.3), 57 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.29 | — | — | 72 | Oil & Gas | MBS vs DBE | |
| Invesco DB Oil Fund | -0.28 | — | — | 58 | Oil & Gas | MBS vs DBO | |
| United States Brent Oil Fund LP | -0.27 | — | — | 52 | Oil & Gas | MBS vs BNO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.25 | — | — | 67 | Commodities | MBS vs GSG | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.23 | — | — | 58 | Commodities | MBS vs COMT |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for MBS, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Molina Healthcare, Inc. | 0.02 | — | — | 59 | Healthcare | |
| Eaton Vance Tax-Managed Buy-Write Opportunities Fu... | 0.08 | — | — | 77 | Financial Services | |
| IAMGOLD Corporation | 0.29 | — | — | 84 | Basic Materials |
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