Looking to balance out your exposure to MBUU? The ETFs below have the lowest correlation with MBUU — they tend to move on their own, which can help reduce risk when MBUU drops. The stock ideas table highlights individual companies that behave independently from MBUU.
Best Diversifiers for MBUU
0 ETFs have low correlation with MBUU (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 0.37, roughly unchanged from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.37 | 0.40 | 0.47 | 70 | S&P 500 | MBUU vs VOO | |
| State Street SPDR S&P 500 ETF | 0.38 | 0.40 | 0.47 | 70 | S&P 500 | MBUU vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MBUU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MBUU and solid risk/return profiles. The least correlated is AbbVie Inc. (ABBV) (Healthcare) with a 1Y correlation of 0.08, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AbbVie Inc. | 0.08 | 0.13 | 0.13 | 62 | Healthcare | |
| Eli Lilly and Company | 0.11 | 0.09 | 0.11 | 72 | Healthcare | |
| Alphabet Inc. Class A | 0.16 | 0.15 | 0.25 | 96 | Communication Services | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.16 | 0.23 | 0.30 | 95 | Technology | |
| Valaris Limited | 0.20 | 0.27 | 0.25 | 91 | Energy |
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