Looking to diversify beyond MSTY? The ETFs below have the lowest correlation with MSTY — 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 MSTY.
Best Diversifiers for MSTY
460 ETFs have low correlation with MSTY (below 0.3), 26 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Brookmont Catastrophic Bond ETF | -0.11 | — | — | 96 | Nontraditional Bonds | MSTY vs ILS | |
| Brookstone Ultra-Short Bond ETF | -0.08 | — | — | 98 | Ultrashort Bond | MSTY vs BAMU | |
| iShares Enhanced Short-Term Bond Active ETF | -0.08 | — | — | 99 | Ultrashort Bond | MSTY vs CSHP | |
| SGI Enhanced Core ETF | -0.07 | — | — | 95 | Intermediate Core Bond | MSTY vs USDX | |
| WisdomTree Floating Rate Treasury Fund | -0.07 | — | — | 100 | Government Bonds, Ultrashort Bond | MSTY vs USFR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MSTY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MSTY and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.18 | — | — | 74 | Consumer Defensive | |
| Chubb Limited | -0.14 | — | — | 69 | Financial Services | |
| Johnson & Johnson | -0.14 | -0.10 | -0.10 | 96 | Healthcare | |
| Altria Group, Inc. | -0.12 | — | — | 72 | Consumer Defensive | |
| Duke Energy Corporation | -0.11 | -0.09 | -0.09 | 62 | Utilities |
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