Looking to diversify beyond MCHS? The ETFs below have the lowest correlation with MCHS — 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 MCHS.
Best Diversifiers for MCHS
393 ETFs have low correlation with MCHS (below 0.3), 37 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.19, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.19 | 0.03 | 0.03 | 71 | Oil & Gas | MCHS vs DBE | |
| United States Brent Oil Fund LP | -0.18 | 0.03 | 0.03 | 65 | Oil & Gas | MCHS vs BNO | |
| Invesco DB Oil Fund | -0.17 | 0.03 | 0.03 | 65 | Oil & Gas | MCHS vs DBO | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.13 | -0.05 | -0.05 | 96 | Inflation-Protected Bonds | MCHS vs IBID | |
| Invesco BulletShares 2026 Corporate Bond ETF | -0.13 | — | — | 99 | Corporate Bonds | MCHS vs BSCQ |
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