Looking to diversify beyond MSTP? The ETFs below have the lowest correlation with MSTP — 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 MSTP.
Best Diversifiers for MSTP
379 ETFs have low correlation with MSTP (below 0.3), 10 of which are negatively correlated. The least correlated is Invesco DB Oil Fund (DBO) (Oil & Gas) with a 1Y correlation of -0.03, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Oil Fund | -0.03 | -0.03 | -0.03 | 65 | Oil & Gas | MSTP vs DBO | |
| Dimensional National Municipal Bond ETF | -0.02 | -0.02 | -0.02 | 79 | Municipal Bonds | MSTP vs DFNM | |
| First Trust Alternative Absolute Return Strategy E... | -0.02 | -0.02 | -0.02 | 90 | Commodities | MSTP vs FAAR | |
| iShares iBonds 2025 Term High Yield & Income ETF | -0.02 | -0.02 | -0.02 | 97 | High Yield Bonds | MSTP vs IBHE | |
| Capital Group Municipal Income ETF | -0.01 | -0.01 | -0.01 | 75 | Municipal Bonds | MSTP vs CGMU |
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