Looking to diversify beyond MSFY? The ETFs below have the lowest correlation with MSFY — 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 MSFY.
Best Diversifiers for MSFY
1183 ETFs have low correlation with MSFY (below 0.3), 118 of which are negatively correlated. The least correlated is Direxion Daily MU Bull 2X Shares (MUU) (Leveraged Equities) with a 1Y correlation of -0.82, roughly unchanged from -0.82 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | -0.82 | -0.82 | -0.82 | 99 | Leveraged Equities, Semiconductors | MSFY vs MUU | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.28 | — | — | 65 | Inverse Equities, Leveraged Equities | MSFY vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.27 | — | — | 70 | Derivative Income | MSFY vs WNTR | |
| ProShares Short Bitcoin ETF | -0.25 | -0.23 | -0.23 | 53 | Cryptocurrency | MSFY vs BITI | |
| Brookstone Ultra-Short Bond ETF | -0.19 | — | — | 99 | Ultrashort Bond | MSFY vs BAMU |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MSFY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MSFY and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | -0.15 | — | — | 57 | Communication Services | |
| NextEra Energy, Inc. | -0.09 | — | — | 73 | Utilities | |
| Caterpillar Inc. | -0.06 | — | — | 97 | Industrials | |
| Johnson Controls International plc | -0.06 | — | — | 82 | Industrials | |
| Eli Lilly and Company | -0.05 | — | — | 78 | Healthcare |
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