Looking to balance out your exposure to MAIN? The ETFs below have the lowest correlation with MAIN — they tend to move on their own, which can help reduce risk when MAIN drops. The stock ideas table highlights individual companies that behave independently from MAIN.
Best Diversifiers for MAIN
119 ETFs have low correlation with MAIN (below 0.3), 6 of which are negatively correlated. The least correlated is Alpha Architect 1-3 Month Box ETF (BOXX) (Ultrashort Bond) with a 1Y correlation of -0.07, roughly unchanged from -0.01 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alpha Architect 1-3 Month Box ETF | -0.07 | -0.01 | — | 100 | Ultrashort Bond | MAIN vs BOXX | |
| iShares 0-3 Month Treasury Bond ETF | -0.06 | 0.02 | -0.01 | 100 | Ultrashort Bond | MAIN vs SGOV | |
| WisdomTree Floating Rate Treasury Fund | -0.05 | 0.03 | -0.03 | 100 | Government Bonds, Ultrashort Bond | MAIN vs USFR | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.05 | — | — | 100 | Ultrashort Bond | MAIN vs VBIL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.04 | -0.02 | -0.02 | 100 | Government Bonds, Ultrashort Bond | MAIN vs BIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MAIN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MAIN and solid risk/return profiles. The least correlated is Canadian Utilities Limited (CDUAF) (Utilities) with a 1Y correlation of -0.15, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Canadian Utilities Limited | -0.15 | 0.04 | 0.12 | 94 | Utilities | |
| The Coca-Cola Company | -0.09 | 0.06 | 0.19 | 74 | Consumer Defensive | |
| Eagle Point Credit Company Inc. | -0.08 | -0.01 | 0.04 | 82 | Financial Services | |
| Duke Energy Corporation | -0.08 | 0.07 | 0.14 | 64 | Utilities | |
| The Southern Company | -0.07 | 0.09 | 0.16 | 57 | Utilities |
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