Looking to balance out your exposure to MAN? The ETFs below have historically moved differently from MAN, 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 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 0.03, down from 0.43 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.03 | 0.27 | 0.43 | 68 | S&P 500 | MAN vs VOO |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for MAN, 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 Intel Corporation (INTC) (Technology) with a 1Y correlation of -0.14, down from 0.24 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Intel Corporation | -0.14 | 0.11 | 0.24 | 98 | Technology | |
| United Rentals, Inc. | 0.10 | 0.33 | 0.43 | 63 | Industrials | |
| General Motors Company | 0.12 | 0.33 | 0.43 | 92 | Consumer Cyclical | |
| Lear Corporation | 0.17 | 0.40 | 0.49 | 80 | Consumer Cyclical | |
| The Cigna Group | 0.19 | 0.23 | 0.26 | 51 | Healthcare |
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