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
800 ETFs have low correlation with MSFW (below 0.3), 35 of which are negatively correlated. The least correlated is iShares MSCI China A ETF (CNYA) (China Equities) 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 |
|---|---|---|---|---|---|---|---|
| iShares MSCI China A ETF | -0.04 | -0.04 | -0.04 | 51 | China Equities, Asia Pacific Equities | MSFW vs CNYA | |
| Barclays ETN+ Select MLP ETN | -0.04 | -0.04 | -0.04 | 65 | MLPs | MSFW vs ATMP | |
| iShares Short-Term California Muni Active ETF | -0.03 | -0.03 | — | 95 | Municipal Bonds | MSFW vs CALI | |
| DoubleLine Commodity Strategy ETF | -0.03 | -0.03 | -0.03 | 52 | Commodities | MSFW vs DCMT | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.02 | -0.02 | -0.02 | 52 | Commodities | MSFW vs COMT |
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