Looking to balance out your exposure to MC? The ETFs below have the lowest correlation with MC — they tend to move on their own, which can help reduce risk when MC drops. The stock ideas table highlights individual companies that behave independently from MC.
Best Diversifiers for MC
0 ETFs have low correlation with MC (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard FTSE Emerging Markets ETF (VWO) (Emerging Markets Equities) with a 1Y correlation of 0.38, roughly unchanged from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard FTSE Emerging Markets ETF | 0.38 | 0.37 | 0.42 | 56 | Emerging Markets Equities | MC vs VWO | |
| State Street Technology Select Sector SPDR ETF | 0.42 | 0.41 | 0.49 | 83 | Technology Equities | MC vs XLK | |
| SPDR S&P Semiconductor ETF | 0.42 | 0.46 | 0.51 | 95 | Semiconductors, Technology Equities | MC vs XSD | |
| Vanguard S&P 500 ETF | 0.54 | 0.54 | 0.60 | 70 | S&P 500 | MC vs VOO | |
| State Street SPDR S&P 500 ETF | 0.54 | 0.55 | 0.60 | 70 | S&P 500 | MC vs SPY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MC and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.16, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.16 | -0.01 | 0.12 | 66 | Consumer Defensive | |
| Cboe Global Markets, Inc. | -0.09 | -0.07 | 0.09 | 68 | Financial Services | |
| Exxon Mobil Corporation | -0.05 | 0.16 | 0.23 | 85 | Energy | |
| Walmart Inc. | -0.03 | 0.11 | 0.18 | 63 | Consumer Defensive | |
| Eli Lilly and Company | 0.04 | 0.09 | 0.11 | 72 | Healthcare |
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