Looking to balance out your exposure to MCD? The ETFs below have the lowest correlation with MCD — they tend to move on their own, which can help reduce risk when MCD drops. The stock ideas table highlights individual companies that behave independently from MCD.
Best Diversifiers for MCD
283 ETFs have low correlation with MCD (below 0.3), 105 of which are negatively correlated. The least correlated is ProShares Ultra Semiconductors (USD) (Leveraged Equities) with a 1Y correlation of -0.24, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Semiconductors | -0.24 | -0.07 | 0.11 | 89 | Leveraged Equities, Semiconductors | MCD vs USD | |
| YieldMax NVDA Option Income Strategy ETF | -0.24 | -0.08 | — | 56 | Derivative Income, Options Trading | MCD vs NVDY | |
| Roundhill Generative AI & Technology ETF | -0.22 | -0.04 | — | 94 | Technology Equities | MCD vs CHAT | |
| iShares U.S. Technology ETF | -0.19 | 0.01 | 0.16 | 76 | Technology Equities | MCD vs IYW | |
| Vanguard Information Technology ETF | -0.19 | 0.02 | 0.20 | 76 | Technology Equities | MCD vs VGT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MCD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MCD and solid risk/return profiles. The least correlated is Credo Technology Group Holding Ltd (CRDO) (Technology) with a 1Y correlation of -0.24, down from -0.08 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Credo Technology Group Holding Ltd | -0.24 | -0.08 | — | 85 | Technology | |
| NVIDIA Corporation | -0.23 | -0.08 | 0.08 | 80 | Technology | |
| Micron Technology, Inc. | -0.23 | -0.09 | 0.06 | 99 | Technology | |
| Oracle Corporation | -0.22 | -0.02 | 0.15 | 61 | Technology | |
| CrowdStrike Holdings, Inc. | -0.22 | -0.04 | 0.03 | 72 | Technology |
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