Skip to main content

Want a detailed portfolio tracker?

8 Stocks and 92 ETFs for diversifying Morgan Stanley (MS)

The least correlated asset to Morgan Stanley (MS) is ETF TNGY (TORTOISE ENERGY ETF). The correlation is -0.8693.

Stocks that lowly correlated with MS

SymbolName
Market cap
SectorIndustry
Correlation
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.63
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.61
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.60
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.50
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.48
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.48
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.46
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.44

ETFs that lowly correlated with MS

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.87
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.84
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.83
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.83
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.82
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.80
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.79
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.79
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.79
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.79
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.78
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.78
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.77
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.76
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.75
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.75
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.74
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.74
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.73
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.73
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.73
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.73
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.72
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.72
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.68
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.67
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.67
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.67
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.67
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.66
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.65
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.65
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.65
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.65
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.64
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.64
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.64
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.62
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.62
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.62
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.62
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.62
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.62
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.61
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.61
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.59
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.58
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.58
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.58
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.58
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.58
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.56
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.56
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.54
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.54
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.54
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.54
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.54
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.53
XOMXDirexion Daily XOM Bull 2X Shares$7.80MN/AApr 22, 2025-0.52
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.52
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.52
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.51
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 2025-0.51
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.50
IBTPISHARES IBONDS DEC 2034 TERM TREASURY ETF $277M0.07%Jun 11, 2024-0.50
SPTBSTATE STREET(R) SPDR(R) PORTFOLIO TREASURY ETF $286M0.03%May 20, 2024-0.50
HFMFUNLIMITED HFMF MANAGED FUTURES ETF $22M0.97%Jul 14, 2025-0.50
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.50
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $8.80M0.12%Sep 9, 2024-0.50
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.50
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.49
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.49
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $39MN/AAug 21, 2023-0.48
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.48
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.47
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.47
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.47
USINWISDOMTREE 7-10 YEAR LADDERED TREASURY FUND $5M0.15%Mar 12, 2024-0.47
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.47
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.46
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.46
BESFBASTION ENERGY ETF $33M0.80%Jun 3, 2025-0.46
USSHWISDOMTREE 1-3 YEAR LADDERED TREASURY FUND $23M0.15%Mar 12, 2024-0.46
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-0.46
RIFRRUSSELL INVESTMENTS GLOBAL INFRASTRUCTURE ETF $43M0.59%May 13, 2025-0.46
GENTGENTER CAPITAL TAXABLE QUALITY INTERMEDIATE ETF $98M0.38%May 21, 2024-0.45
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.44
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.44
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.44
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.44
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.43