Looking to diversify beyond MSFW? The ETFs below have the lowest correlation with MSFW — 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 MSFW.
Best Diversifiers for MSFW
666 ETFs have low correlation with MSFW (below 0.3), 10 of which are negatively correlated. The least correlated is Panagram AAA CLO ETF (CLOX) (CLO) with a 1Y correlation of -0.04, roughly unchanged from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Panagram AAA CLO ETF | -0.04 | -0.04 | -0.04 | 97 | CLO | MSFW vs CLOX | |
| iShares iBonds Dec 2028 Term Treasury ETF | -0.04 | -0.04 | -0.04 | 60 | Government Bonds | MSFW vs IBTI | |
| Fidelity Low Duration Bond ETF | -0.03 | — | — | 98 | Short-Term Bond | MSFW vs FLDB | |
| JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ... | -0.03 | -0.03 | -0.03 | 81 | Government Bonds, Short-Term Bond | MSFW vs BBSB | |
| Franklin Liberty Systematic Style Premia ETF | -0.02 | -0.02 | -0.02 | 56 | Long-Short | MSFW vs FLSP |
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