Looking to diversify beyond MAXI? The ETFs below have the lowest correlation with MAXI — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from MAXI.
Best Diversifiers for MAXI
319 ETFs have low correlation with MAXI (below 0.3), 23 of which are negatively correlated. The least correlated is WisdomTree Floating Rate Treasury Fund (USFR) (Government Bonds) with a 1Y correlation of -0.11, down from 0.00 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | -0.11 | 0.00 | — | 100 | Government Bonds, Ultrashort Bond | MAXI vs USFR | |
| iShares Enhanced Short-Term Bond Active ETF | -0.10 | — | — | 99 | Ultrashort Bond | MAXI vs CSHP | |
| ProShares UltraShort Yen | -0.09 | -0.02 | — | 61 | Leveraged Currency | MAXI vs YCS | |
| Brookmont Catastrophic Bond ETF | -0.09 | — | — | 95 | Nontraditional Bonds | MAXI vs ILS | |
| Roundhill Weekly T-Bill ETF | -0.07 | — | — | 99 | Ultrashort Bond | MAXI vs WEEK |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MAXI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MAXI and solid risk/return profiles. The least correlated is Verizon Communications Inc. (VZ) (Communication Services) with a 1Y correlation of -0.14, roughly unchanged from -0.08 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | -0.14 | -0.08 | — | 63 | Communication Services | |
| Eli Lilly and Company | 0.13 | 0.11 | — | 75 | Healthcare | |
| UnitedHealth Group Incorporated | 0.20 | 0.06 | — | 68 | Healthcare | |
| Wheaton Precious Metals Corp. | 0.23 | 0.13 | — | 64 | Basic Materials | |
| Palo Alto Networks, Inc. | 0.26 | 0.22 | 0.20 | 69 | Technology |
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