Looking to diversify beyond MBSD? The ETFs below have historically moved differently from MBSD, 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 MBSD
560 ETFs have low correlation with MBSD (below 0.3), 62 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.41, down from -0.12 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.41 | -0.23 | -0.12 | 72 | Oil & Gas | MBSD vs DBE | |
| Invesco DB Oil Fund | -0.41 | -0.22 | -0.12 | 58 | Oil & Gas | MBSD vs DBO | |
| United States Brent Oil Fund LP | -0.40 | -0.22 | -0.12 | 52 | Oil & Gas | MBSD vs BNO | |
| Invesco DB Commodity Index Tracking Fund | -0.36 | -0.16 | -0.06 | 71 | Commodities | MBSD vs DBC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.35 | -0.17 | -0.08 | 67 | Commodities | MBSD vs GSG |
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