Looking to diversify beyond MORT? The ETFs below have the lowest correlation with MORT — 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 MORT.
Best Diversifiers for MORT
407 ETFs have low correlation with MORT (below 0.3), 51 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.36, down from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.36 | -0.21 | -0.14 | 61 | Leveraged Currency | MORT vs YCS | |
| United States Oil Fund LP | -0.23 | -0.04 | 0.10 | 66 | Oil & Gas | MORT vs USO | |
| Defiance Oil Enhanced Options Income ETF | -0.23 | — | — | 56 | Derivative Income | MORT vs USOY | |
| Invesco DB Energy Fund | -0.23 | -0.05 | 0.10 | 71 | Oil & Gas | MORT vs DBE | |
| United States Brent Oil Fund LP | -0.21 | -0.03 | 0.10 | 65 | Oil & Gas | MORT vs BNO |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MORT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MORT and solid risk/return profiles. The least correlated is Energy Transfer LP (ET) (Energy) with a 1Y correlation of 0.00, down from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Energy Transfer LP | 0.00 | 0.26 | 0.38 | 69 | Energy | |
| Petróleo Brasileiro S.A. - Petrobras | 0.06 | 0.20 | 0.22 | 86 | Energy | |
| Eaton Vance Tax-Managed Buy-Write Opportunities Fu... | 0.32 | 0.42 | 0.50 | 79 | Financial Services | |
| Uniti Group Inc. | 0.33 | 0.45 | 0.51 | 66 | Real Estate | |
| Kennedy-Wilson Holdings, Inc. | 0.42 | 0.56 | 0.61 | 93 | Real Estate |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements MORT
Add MORT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MORT