Looking to balance out your exposure to MSGE? The ETFs below have the lowest correlation with MSGE — they tend to move on their own, which can help reduce risk when MSGE drops. The stock ideas table highlights individual companies that behave independently from MSGE.
Best Diversifiers for MSGE
0 ETFs have low correlation with MSGE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Core S&P 500 ETF (IVV) (S&P 500) with a 1Y correlation of 0.36, roughly unchanged from 0.37 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core S&P 500 ETF | 0.36 | 0.37 | — | 59 | S&P 500 | MSGE vs IVV |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MSGE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MSGE and solid risk/return profiles. The least correlated is Fortress Transportation and Preferred Series C (FTAIN) (Industrials) with a 1Y correlation of 0.03, roughly unchanged from 0.08 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Fortress Transportation and Preferred Series C | 0.03 | 0.08 | — | 89 | Industrials | |
| Ackermans & Van Haaren NV ADR | 0.09 | — | — | 94 | Industrials | |
| Sandoz Group AG | 0.09 | — | — | 88 | Healthcare | |
| Accelleron Industries AG ADR | 0.11 | 0.18 | — | 81 | Industrials | |
| SwissCom AG | 0.13 | 0.03 | — | 68 | Communication Services |
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