Looking to balance out your exposure to M? The ETFs below have historically moved differently from M, 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 M
15 ETFs have low correlation with M (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Oil Refiners ETF (CRAK) (Energy Equities) with a 1Y correlation of 0.14, down from 0.35 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Oil Refiners ETF | 0.14 | 0.27 | 0.35 | 95 | Energy Equities | M vs CRAK | |
| SPDR S&P Kensho Final Frontiers ETF | 0.16 | 0.32 | 0.41 | 78 | Industrials Equities | M vs ROKT | |
| YieldMax GOOGL Option Income Strategy ETF | 0.17 | 0.23 | — | 89 | Derivative Income | M vs GOOY | |
| Franklin FTSE South Korea ETF | 0.20 | 0.23 | 0.28 | 85 | South Korea Equities, Asia Pacific Equities | M vs FLKR | |
| iShares MSCI South Korea ETF | 0.20 | 0.23 | 0.28 | 86 | South Korea Equities, Asia Pacific Equities | M vs EWY |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for M, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.10, down from 0.11 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.10 | 0.01 | 0.11 | 66 | Consumer Defensive | |
| Shell plc | -0.05 | 0.11 | 0.20 | 80 | Energy | |
| Exxon Mobil Corporation | -0.04 | 0.11 | 0.22 | 84 | Energy | |
| Chord Energy Corp | -0.02 | 0.16 | 0.25 | 69 | Energy | |
| British American Tobacco p.l.c. | 0.01 | 0.08 | 0.15 | 69 | Consumer Defensive |
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