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
394 ETFs have low correlation with MORT (below 0.3), 49 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.34, down from -0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.34 | -0.21 | -0.15 | 72 | Leveraged Currency | MORT vs YCS | |
| Invesco DB Energy Fund | -0.27 | -0.09 | 0.08 | 57 | Oil & Gas | MORT vs DBE | |
| United States Gasoline Fund LP | -0.23 | -0.05 | 0.09 | 82 | Oil & Gas | MORT vs UGA | |
| Direxion Daily MU Bull 2X Shares | -0.23 | -0.23 | -0.23 | 99 | Leveraged Equities, Semiconductors | MORT vs MUU | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.20 | -0.02 | 0.13 | 56 | Commodities | MORT vs GSG |
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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 -0.05, down from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Energy Transfer LP | -0.05 | 0.24 | 0.37 | 83 | Energy | |
| Petróleo Brasileiro S.A. - Petrobras | 0.02 | 0.18 | 0.21 | 82 | Energy | |
| Uniti Group Inc. | 0.31 | 0.43 | 0.51 | 67 | Real Estate | |
| Eaton Vance Tax-Managed Buy-Write Opportunities Fu... | 0.31 | 0.41 | 0.50 | 84 | Financial Services | |
| Realty Income Corporation | 0.35 | 0.43 | 0.47 | 69 | Real Estate |
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Build a portfolio that complements MORT
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