Looking to balance out your exposure to M? The ETFs below have the lowest correlation with M — they tend to move on their own, which can help reduce risk when M drops. The stock ideas table highlights individual companies that behave independently from M.
Best Diversifiers for M
19 ETFs have low correlation with M (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR S&P Kensho Final Frontiers ETF (ROKT) (Industrials Equities) with a 1Y correlation of 0.15, down from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR S&P Kensho Final Frontiers ETF | 0.15 | 0.33 | 0.42 | 80 | Industrials Equities | M vs ROKT | |
| YieldMax GOOGL Option Income Strategy ETF | 0.17 | 0.23 | 0.23 | 93 | Derivative Income | M vs GOOY | |
| VanEck Oil Refiners ETF | 0.17 | 0.29 | 0.36 | 89 | Energy Equities | M vs CRAK | |
| iShares MSCI South Korea ETF | 0.20 | 0.21 | 0.26 | 90 | South Korea Equities, Asia Pacific Equities | M vs EWY | |
| Franklin FTSE South Korea ETF | 0.21 | 0.23 | 0.29 | 89 | South Korea Equities, Asia Pacific Equities | M vs FLKR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from M, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to M and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.09, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.09 | 0.02 | 0.12 | 81 | Consumer Defensive | |
| The Southern Company | -0.06 | 0.01 | 0.02 | 58 | Utilities | |
| Shell plc | -0.04 | 0.11 | 0.20 | 71 | Energy | |
| Exxon Mobil Corporation | -0.03 | 0.12 | 0.23 | 75 | Energy | |
| British American Tobacco p.l.c. | -0.00 | 0.08 | 0.15 | 72 | Consumer Defensive |
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