Looking to balance out your exposure to MOH? The ETFs below have historically moved differently from MOH, 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 MOH
5 ETFs have low correlation with MOH (below 0.3), 0 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Angel Oak Mortgage-Backed Securities ETF | 0.02 | — | — | 59 | Intermediate Core-Plus Bond | MOH vs MBS | |
| Vanguard S&P 500 ETF | 0.03 | 0.12 | 0.25 | 78 | S&P 500 | MOH vs VOO | |
| iShares 0-3 Month Treasury Bond ETF | 0.10 | 0.06 | 0.01 | 100 | Ultrashort Bond | MOH vs SGOV | |
| Vanguard Health Care ETF | 0.27 | 0.38 | 0.48 | 74 | Health & Biotech Equities | MOH vs VHT | |
| State Street Health Care Select Sector SPDR ETF | 0.27 | 0.39 | 0.49 | 68 | Health & Biotech Equities | MOH vs XLV |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for MOH, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Broadcom Inc. (AVGO) (Technology) with a 1Y correlation of -0.15, down from 0.04 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Broadcom Inc. | -0.15 | -0.08 | 0.04 | 68 | Technology | |
| Credo Technology Group Holding Ltd | -0.10 | -0.06 | -0.01 | 77 | Technology | |
| Apple Inc | -0.09 | 0.01 | 0.13 | 90 | Technology | |
| GE Vernova Inc. | -0.08 | -0.05 | -0.05 | 77 | Industrials | |
| Silicon Motion Technology Corporation | -0.08 | 0.01 | 0.04 | 97 | Technology |
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