Looking to diversify beyond MBS? The ETFs below have the lowest correlation with MBS — 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 MBS.
Best Diversifiers for MBS
821 ETFs have low correlation with MBS (below 0.3), 26 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Bastion Energy ETF | -0.20 | — | — | 84 | Energy Equities | MBS vs BESF | |
| iShares Enhanced Short-Term Bond Active ETF | -0.18 | — | — | 99 | Ultrashort Bond | MBS vs CSHP | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.15 | — | — | 50 | Commodities | MBS vs CMDT | |
| Fidelity Managed Futures ETF | -0.14 | — | — | 64 | Systematic Trend | MBS vs FFUT | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.11 | — | — | 55 | Commodities | MBS vs FTGC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MBS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MBS and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Eaton Vance Tax-Managed Buy-Write Opportunities Fu... | 0.13 | — | — | 80 | Financial Services | |
| IAMGOLD Corporation | 0.30 | — | — | 82 | Basic Materials |
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