Looking to diversify beyond MSOX? The ETFs below have the lowest correlation with MSOX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from MSOX.
Best Diversifiers for MSOX
1522 ETFs have low correlation with MSOX (below 0.3), 52 of which are negatively correlated. The least correlated is iShares 0-1 Year Treasury Bond ETF (SHV) (Government Bonds) with a 1Y correlation of -0.13, roughly unchanged from -0.03 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-1 Year Treasury Bond ETF | -0.13 | -0.03 | — | 100 | Government Bonds, Ultrashort Bond | MSOX vs SHV | |
| Breakwave Tanker Shipping ETF | -0.13 | -0.06 | — | 98 | Commodities | MSOX vs BWET | |
| iShares Enhanced Short-Term Bond Active ETF | -0.12 | — | — | 99 | Ultrashort Bond | MSOX vs CSHP | |
| Roundhill Weekly T-Bill ETF | -0.10 | -0.10 | -0.10 | 99 | Ultrashort Bond | MSOX vs WEEK | |
| Goldman Sachs Ultra Short Bond ETF | -0.09 | -0.00 | -0.02 | 99 | Ultrashort Bond | MSOX vs GSST |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MSOX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MSOX and solid risk/return profiles. The least correlated is German American Bancorp, Inc. (GABC) (Financial Services) with a 1Y correlation of 0.08, roughly unchanged from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| German American Bancorp, Inc. | 0.08 | 0.12 | 0.15 | 75 | Financial Services |
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