Looking to diversify beyond MOO? The ETFs below have the lowest correlation with MOO — 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 MOO.
Best Diversifiers for MOO
570 ETFs have low correlation with MOO (below 0.3), 21 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.22, roughly unchanged from -0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.22 | -0.17 | -0.12 | 61 | Leveraged Currency | MOO vs YCS | |
| WisdomTree Floating Rate Treasury Fund | -0.11 | -0.02 | -0.04 | 100 | Government Bonds, Ultrashort Bond | MOO vs USFR | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.07 | — | — | 100 | Ultrashort Bond | MOO vs VBIL | |
| SGI Enhanced Core ETF | -0.07 | — | — | 95 | Intermediate Core Bond | MOO vs USDX | |
| TCW AAA CLO ETF | -0.06 | — | — | 99 | CLO | MOO vs ACLO |
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