Looking to balance out your exposure to MSI? The ETFs below have the lowest correlation with MSI — they tend to move on their own, which can help reduce risk when MSI drops. The stock ideas table highlights individual companies that behave independently from MSI.
Best Diversifiers for MSI
18 ETFs have low correlation with MSI (below 0.3), 1 of which are negatively correlated. The least correlated is SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) (Government Bonds) with a 1Y correlation of -0.01, roughly unchanged from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01 | 0.00 | -0.00 | 100 | Government Bonds, Ultrashort Bond | MSI vs BIL | |
| iShares 0-1 Year Treasury Bond ETF | 0.05 | 0.04 | 0.03 | 100 | Government Bonds, Ultrashort Bond | MSI vs SHV | |
| VanEck Semiconductor ETF | 0.09 | 0.24 | 0.38 | 96 | Semiconductors, Technology Equities | MSI vs SMH | |
| State Street Energy Select Sector SPDR ETF | 0.11 | 0.17 | 0.22 | 63 | Energy Equities | MSI vs XLE | |
| Invesco S&P 500 Top 50 ETF | 0.13 | 0.33 | 0.49 | 56 | S&P 500 | MSI vs XLG |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MSI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MSI and solid risk/return profiles. The least correlated is AnaptysBio, Inc. (ANAB) (Healthcare) with a 1Y correlation of -0.10, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AnaptysBio, Inc. | -0.10 | 0.03 | 0.12 | 94 | Healthcare | |
| Natera, Inc. | -0.07 | 0.12 | 0.23 | 62 | Healthcare | |
| CF Industries Holdings, Inc. | -0.04 | 0.05 | 0.13 | 60 | Basic Materials | |
| Eli Lilly and Company | -0.02 | 0.16 | 0.25 | 72 | Healthcare | |
| Kiniksa Pharmaceuticals, Ltd. | -0.01 | 0.11 | 0.16 | 83 | Healthcare |
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