Looking to balance out your exposure to MSI.L? The ETFs below have the lowest correlation with MSI.L — they tend to move on their own, which can help reduce risk when MSI.L drops. The stock ideas table highlights individual companies that behave independently from MSI.L.
No Diversifiers Found for MSI.L
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MSI.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MSI.L and solid risk/return profiles. The least correlated is Halma plc (HLMA.L) (Industrials) with a 1Y correlation of 0.01, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Halma plc | 0.01 | 0.05 | 0.05 | 93 | Industrials |
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