Looking to diversify beyond MCSE? The ETFs below have the lowest correlation with MCSE — 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 MCSE.
Best Diversifiers for MCSE
254 ETFs have low correlation with MCSE (below 0.3), 17 of which are negatively correlated. The least correlated is Breakwave Tanker Shipping ETF (BWET) (Commodities) with a 1Y correlation of -0.10, down from -0.00 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Breakwave Tanker Shipping ETF | -0.10 | -0.00 | — | 98 | Commodities | MCSE vs BWET | |
| Eaton Vance Short Duration Municipal Income ETF | -0.06 | — | — | 84 | Municipal Bonds | MCSE vs EVSM | |
| Horizon Landmark ETF | -0.05 | — | — | 98 | Ultrashort Bond | MCSE vs BENJ | |
| Franklin Liberty Systematic Style Premia ETF | -0.05 | 0.02 | — | 60 | Long-Short | MCSE vs FLSP | |
| Goldman Sachs Ultra Short Bond ETF | -0.03 | 0.09 | 0.06 | 99 | Ultrashort Bond | MCSE vs GSST |
See all 1136 diversifiers for MCSE
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