Looking to diversify beyond MORT? The ETFs below have historically moved differently from MORT, 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 MORT
422 ETFs have low correlation with MORT (below 0.3), 67 of which are negatively correlated. The least correlated is FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) (Nontraditional Bonds) with a 1Y correlation of -0.31, down from -0.15 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| FolioBeyond Alternative Income and Interest Rate H... | -0.31 | -0.23 | -0.15 | 51 | Nontraditional Bonds | MORT vs RISR | |
| Invesco DB Energy Fund | -0.30 | -0.10 | 0.07 | 66 | Oil & Gas | MORT vs DBE | |
| ProShares UltraShort Yen | -0.28 | -0.20 | -0.15 | 59 | Leveraged Currency | MORT vs YCS | |
| Invesco DB Oil Fund | -0.27 | -0.07 | 0.08 | 51 | Oil & Gas | MORT vs DBO | |
| United States Gasoline Fund, LP | -0.25 | -0.07 | 0.08 | 83 | Oil & Gas | MORT vs UGA |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for MORT, 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 Petróleo Brasileiro S.A. - Petrobras (PBR) (Energy) with a 1Y correlation of -0.06, down from 0.19 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Petróleo Brasileiro S.A. - Petrobras | -0.06 | 0.15 | 0.19 | 84 | Energy | |
| Energy Transfer LP | -0.06 | 0.23 | 0.36 | 82 | Energy | |
| Uniti Group Inc. | 0.27 | 0.41 | 0.50 | 56 | Real Estate | |
| Eaton Vance Tax-Managed Buy-Write Opportunities Fu... | 0.32 | 0.40 | 0.50 | 82 | Financial Services | |
| Realty Income Corporation | 0.34 | 0.43 | 0.47 | 74 | 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