Looking to balance out your exposure to MSM? The ETFs below have the lowest correlation with MSM — they tend to move on their own, which can help reduce risk when MSM drops. The stock ideas table highlights individual companies that behave independently from MSM.
Best Diversifiers for MSM
0 ETFs have low correlation with MSM (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.32, down from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.32 | 0.42 | 0.49 | 70 | S&P 500 | MSM vs VOO | |
| State Street SPDR S&P 500 ETF | 0.33 | 0.42 | 0.49 | 70 | S&P 500 | MSM vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MSM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MSM and solid risk/return profiles. The least correlated is Gilead Sciences, Inc. (GILD) (Healthcare) with a 1Y correlation of 0.15, roughly unchanged from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Gilead Sciences, Inc. | 0.15 | 0.18 | 0.25 | 63 | Healthcare |
Build a portfolio that complements MSM
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