Looking to diversify beyond MSTB? The ETFs below have the lowest correlation with MSTB — 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 MSTB.
Best Diversifiers for MSTB
188 ETFs have low correlation with MSTB (below 0.3), 34 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.44, roughly unchanged from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.44 | -0.31 | -0.35 | 57 | Cryptocurrency | MSTB vs BITI | |
| Invesco DB Energy Fund | -0.26 | -0.06 | 0.09 | 53 | Oil & Gas | MSTB vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | — | — | 98 | Inflation-Protected Bonds | MSTB vs IBIC | |
| VanEck Energy Income ETF | -0.18 | 0.18 | 0.33 | 81 | Energy Equities | MSTB vs EINC | |
| Alerian Energy Infrastructure ETF | -0.17 | 0.18 | 0.35 | 77 | Energy Equities | MSTB vs ENFR |
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