Looking to balance out your exposure to MOH? The ETFs below have the lowest correlation with MOH — they tend to move on their own, which can help reduce risk when MOH drops. The stock ideas table highlights individual companies that behave independently from MOH.
Best Diversifiers for MOH
3 ETFs have low correlation with MOH (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Angel Oak Mortgage-Backed Securities ETF | 0.02 | — | — | 74 | Intermediate Core-Plus Bond | MOH vs MBS | |
| Vanguard S&P 500 ETF | 0.04 | 0.12 | 0.25 | 66 | S&P 500 | MOH vs VOO | |
| iShares 0-3 Month Treasury Bond ETF | 0.10 | 0.05 | 0.01 | 100 | Ultrashort Bond | MOH vs SGOV | |
| Vanguard Health Care ETF | 0.35 | 0.40 | 0.49 | 56 | Health & Biotech Equities | MOH vs VHT |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MOH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MOH and solid risk/return profiles. The least correlated is Broadcom Inc. (AVGO) (Technology) with a 1Y correlation of -0.14, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Broadcom Inc. | -0.14 | -0.08 | 0.04 | 71 | Technology | |
| Credo Technology Group Holding Ltd | -0.10 | -0.07 | — | 83 | Technology | |
| Apple Inc | -0.08 | 0.00 | 0.14 | 91 | Technology | |
| GE Vernova Inc. | -0.08 | -0.06 | -0.06 | 89 | Industrials | |
| Silicon Motion Technology Corporation | -0.07 | 0.01 | 0.05 | 98 | Technology |
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