Looking to balance out your exposure to MANU? The ETFs below have the lowest correlation with MANU — they tend to move on their own, which can help reduce risk when MANU drops. The stock ideas table highlights individual companies that behave independently from MANU.
Best Diversifiers for MANU
2 ETFs have low correlation with MANU (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.23, roughly unchanged from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.23 | 0.24 | 0.27 | 53 | Nasdaq-100 | MANU vs QQQ | |
| State Street SPDR S&P 500 ETF | 0.30 | 0.28 | 0.30 | 65 | S&P 500 | MANU vs SPY | |
| Invesco S&P 100 Equal Weight ETF | 0.36 | 0.30 | 0.30 | 73 | Large Cap Blend Equities, Equal Weight | MANU vs EQWL |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MANU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MANU and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of -0.06, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | -0.06 | 0.07 | 0.07 | 69 | Consumer Defensive | |
| Equinor ASA | -0.05 | 0.02 | 0.07 | 77 | Energy | |
| Woodside Energy Group Ltd | -0.04 | 0.09 | 0.12 | 75 | Energy | |
| Berkshire Hathaway Inc. | 0.01 | 0.16 | 0.19 | 53 | Financial Services | |
| BP p.l.c. | 0.04 | 0.07 | 0.13 | 77 | Energy |
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