Looking to diversify beyond MSTX? The ETFs below have the lowest correlation with MSTX — 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 MSTX.
Best Diversifiers for MSTX
480 ETFs have low correlation with MSTX (below 0.3), 27 of which are negatively correlated. The least correlated is Brookmont Catastrophic Bond ETF (ILS) (Nontraditional Bonds) with a 1Y correlation of -0.12, roughly unchanged from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Brookmont Catastrophic Bond ETF | -0.12 | -0.14 | -0.14 | 95 | Nontraditional Bonds | MSTX vs ILS | |
| WisdomTree Floating Rate Treasury Fund | -0.09 | -0.02 | -0.02 | 100 | Government Bonds, Ultrashort Bond | MSTX vs USFR | |
| iShares Enhanced Short-Term Bond Active ETF | -0.08 | 0.07 | 0.07 | 99 | Ultrashort Bond | MSTX vs CSHP | |
| PIMCO Enhanced Short Maturity Active ETF | -0.08 | 0.03 | 0.03 | 100 | Ultrashort Bond | MSTX vs MINT | |
| SGI Enhanced Core ETF | -0.07 | -0.07 | -0.07 | 95 | Intermediate Core Bond | MSTX vs USDX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MSTX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MSTX and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.15, roughly unchanged from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.15 | -0.07 | -0.07 | 68 | Financial Services | |
| Johnson & Johnson | -0.13 | -0.11 | -0.11 | 95 | Healthcare | |
| The Coca-Cola Company | -0.13 | -0.14 | -0.14 | 74 | Consumer Defensive | |
| Duke Energy Corporation | -0.12 | -0.12 | -0.12 | 62 | Utilities | |
| Altria Group, Inc. | -0.10 | -0.07 | -0.07 | 70 | Consumer Defensive |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements MSTX
Add MSTX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MSTX