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
307 ETFs have low correlation with MCSE (below 0.3), 18 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.26, roughly unchanged from -0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.26 | -0.25 | -0.26 | 57 | Cryptocurrency | MCSE vs BITI | |
| Invesco DB Energy Fund | -0.06 | -0.03 | — | 53 | Oil & Gas | MCSE vs DBE | |
| Horizon Landmark ETF | -0.06 | — | — | 98 | Ultrashort Bond | MCSE vs BENJ | |
| Breakwave Tanker Shipping ETF | -0.06 | -0.02 | — | 99 | Commodities | MCSE vs BWET | |
| Goldman Sachs Ultra Short Bond ETF | -0.04 | 0.09 | — | 99 | Ultrashort Bond | MCSE vs GSST |
See all 1125 diversifiers for MCSE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements MCSE
Add MCSE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MCSE