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
391 ETFs have low correlation with MSTP (below 0.3), 22 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.84, roughly unchanged from -0.84 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.84 | -0.84 | -0.84 | 53 | Cryptocurrency | MSTP vs BITI | |
| Brookmont Catastrophic Bond ETF | -0.12 | — | — | 97 | Nontraditional Bonds | MSTP vs ILS | |
| Invesco DB Energy Fund | -0.07 | — | — | 57 | Oil & Gas | MSTP vs DBE | |
| Brookstone Ultra-Short Bond ETF | -0.07 | — | — | 99 | Ultrashort Bond | MSTP vs BAMU | |
| VanEck Energy Income ETF | -0.07 | — | — | 80 | Energy Equities | MSTP vs EINC |
See all 1137 diversifiers for MSTP
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