Looking to diversify beyond MSSS? The ETFs below have the lowest correlation with MSSS — 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 MSSS.
Best Diversifiers for MSSS
178 ETFs have low correlation with MSSS (below 0.3), 33 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.34, roughly unchanged from -0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.34 | -0.34 | -0.34 | 57 | Cryptocurrency | MSSS vs BITI | |
| Invesco DB Energy Fund | -0.28 | — | — | 53 | Oil & Gas | MSSS vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.21 | — | — | 51 | Commodities | MSSS vs GSG | |
| DoubleLine Commodity Strategy ETF | -0.19 | -0.06 | -0.06 | 51 | Commodities | MSSS vs DCMT | |
| Invesco DB Commodity Index Tracking Fund | -0.19 | -0.06 | -0.06 | 54 | Commodities | MSSS vs DBC |
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