Looking to balance out your exposure to MAX? The ETFs below have the lowest correlation with MAX — they tend to move on their own, which can help reduce risk when MAX drops. The stock ideas table highlights individual companies that behave independently from MAX.
Best Diversifiers for MAX
1 ETFs have low correlation with MAX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard High Dividend Yield ETF (VYM) (Dividend) with a 1Y correlation of 0.16, down from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard High Dividend Yield ETF | 0.16 | 0.29 | 0.31 | 77 | Dividend | MAX vs VYM |
Diversification Analysis
Build a portfolio that complements MAX
Add MAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MAX