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
350 ETFs have low correlation with MORT (below 0.3), 24 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.37, down from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.37 | -0.21 | -0.14 | 73 | Leveraged Currency | MORT vs YCS | |
| United States Gasoline Fund LP | -0.22 | -0.05 | 0.09 | 60 | Oil & Gas | MORT vs UGA | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.17 | — | — | 51 | Derivative Income | MORT vs WNTR | |
| iShares Enhanced Short-Term Bond Active ETF | -0.10 | — | — | 99 | Ultrashort Bond | MORT vs CSHP | |
| Breakwave Tanker Shipping ETF | -0.09 | -0.01 | — | 98 | Commodities | MORT vs BWET |
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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 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Energy Transfer LP | -0.05 | 0.23 | 0.34 | 70 | Energy | |
| Petróleo Brasileiro S.A. - Petrobras | 0.07 | 0.19 | 0.22 | 75 | Energy | |
| Eaton Vance Tax-Managed Buy-Write Opportunities Fu... | 0.32 | 0.42 | 0.50 | 77 | Financial Services | |
| Uniti Group Inc. | 0.34 | 0.44 | 0.51 | 71 | Real Estate | |
| Kennedy-Wilson Holdings, Inc. | 0.40 | 0.55 | 0.61 | 94 | Real Estate |
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