Looking to diversify beyond MBB? The ETFs below have the lowest correlation with MBB — 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 MBB.
Best Diversifiers for MBB
556 ETFs have low correlation with MBB (below 0.3), 78 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.49, roughly unchanged from -0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.49 | -0.47 | -0.49 | 72 | Leveraged Currency | MBB vs YCS | |
| Invesco DB US Dollar Index Bullish Fund | -0.47 | -0.43 | -0.39 | 51 | Currency | MBB vs UUP | |
| Invesco DB Energy Fund | -0.38 | -0.23 | -0.13 | 53 | Oil & Gas | MBB vs DBE | |
| United States Gasoline Fund LP | -0.37 | -0.20 | -0.11 | 78 | Oil & Gas | MBB vs UGA | |
| Fidelity Managed Futures ETF | -0.34 | — | — | 71 | Systematic Trend | MBB vs FFUT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MBB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MBB and solid risk/return profiles. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.27, down from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.27 | -0.11 | -0.09 | 66 | Energy | |
| Equinor ASA | -0.24 | -0.06 | -0.03 | 75 | Energy | |
| BP p.l.c. | -0.22 | -0.09 | -0.08 | 75 | Energy | |
| Suncor Energy Inc. | -0.18 | -0.05 | -0.04 | 89 | Energy | |
| NVIDIA Corporation | -0.02 | 0.04 | 0.07 | 65 | Technology |
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Build a portfolio that complements MBB
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