Looking to balance out your exposure to MSGE? The ETFs below have historically moved differently from MSGE, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MSGE
1 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 0.30, roughly unchanged from 0.36 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core S&P 500 ETF | 0.30 | 0.36 | — | 67 | S&P 500 | MSGE vs IVV | |
| Amplify CWP Enhanced Dividend Income ETF | 0.33 | 0.40 | — | 81 | Derivative Income | MSGE vs DIVO |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for MSGE, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is argenx SE (ARGX) (Healthcare) with a 1Y correlation of 0.01, roughly unchanged from 0.08 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| argenx SE | 0.01 | 0.08 | — | 69 | Healthcare | |
| Sandoz Group AG | 0.12 | — | — | 81 | Healthcare | |
| Concentra Group Holdings Parent, Inc | 0.12 | — | — | 89 | Healthcare | |
| Enact Holdings, Inc. | 0.12 | 0.25 | — | 88 | Financial Services | |
| Curbline Properties Corp | 0.13 | — | — | 92 | Real Estate |
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