Looking to diversify beyond MUSI? The ETFs below have historically moved differently from MUSI, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MUSI
180 ETFs have low correlation with MUSI (below 0.3), 56 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.46, down from -0.09 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.46 | -0.22 | -0.09 | 72 | Oil & Gas | MUSI vs DBE | |
| United States Brent Oil Fund LP | -0.44 | -0.21 | -0.11 | 52 | Oil & Gas | MUSI vs BNO | |
| Invesco DB Oil Fund | -0.43 | -0.20 | -0.09 | 58 | Oil & Gas | MUSI vs DBO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.39 | -0.16 | -0.06 | 67 | Commodities | MUSI vs GSG | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.38 | -0.17 | -0.06 | 58 | Commodities | MUSI vs COMT |
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