PortfoliosLab logoPortfoliosLab logo

Looking to balance out your exposure to MAN? The ETFs below have the lowest correlation with MAN — they tend to move on their own, which can help reduce risk when MAN drops. The stock ideas table highlights individual companies that behave independently from MAN.

Best Diversifiers for MAN

1 ETFs have low correlation with MAN (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.23, down from 0.46 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
Vanguard S&P 500 ETF0.230.330.46
70
S&P 500MAN vs VOO

Rows per page

1–1 of 1

Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from MAN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MAN and solid risk/return profiles. The least correlated is Intel Corporation (INTC) (Technology) with a 1Y correlation of 0.08, down from 0.29 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Intel Corporation0.080.190.29
98
Technology
General Motors Company0.250.370.45
87
Consumer Cyclical
Nucor Corporation0.320.360.39
95
Basic Materials
Heidrick & Struggles International, Inc.0.330.510.54
92
Industrials
Lear Corporation0.340.450.52
86
Consumer Cyclical
See all 6 low-correlation stocks for MAN

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements MAN

Add MAN to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with MAN