Looking to balance out your exposure to MSADY? The ETFs below have the lowest correlation with MSADY — they tend to move on their own, which can help reduce risk when MSADY drops. The stock ideas table highlights individual companies that behave independently from MSADY.
Best Diversifiers for MSADY
0 ETFs have low correlation with MSADY (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.33, roughly unchanged from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.33 | 0.31 | 0.31 | 70 | S&P 500 | MSADY vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MSADY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MSADY and solid risk/return profiles. The least correlated is Camtek Ltd (CAMT) (Technology) with a 1Y correlation of 0.12, roughly unchanged from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Camtek Ltd | 0.12 | 0.17 | 0.19 | 90 | Technology | |
| Amphenol Corporation | 0.12 | 0.21 | 0.22 | 77 | Technology | |
| Vertiv Holdings Co. | 0.16 | 0.19 | 0.18 | 94 | Industrials | |
| EMCOR Group, Inc. | 0.17 | 0.22 | 0.23 | 83 | Industrials | |
| Comfort Systems USA, Inc. | 0.24 | 0.25 | 0.24 | 98 | Industrials |
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