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
245 ETFs have low correlation with MCD (below 0.3), 92 of which are negatively correlated. The least correlated is ProShares Ultra Semiconductors (USD) (Leveraged Equities) with a 1Y correlation of -0.30, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Semiconductors | -0.30 | -0.10 | 0.08 | 60 | Leveraged Equities, Semiconductors | MCD vs USD | |
| Roundhill Generative AI & Technology ETF | -0.27 | -0.08 | — | 74 | Technology Equities | MCD vs CHAT | |
| VistaShares Artificial Intelligence Supercycle ETF | -0.25 | — | — | 92 | Technology Equities | MCD vs AIS | |
| Invesco PHLX Semiconductor ETF | -0.24 | -0.06 | 0.11 | 89 | Semiconductors, Technology Equities | MCD vs SOXQ | |
| VanEck Semiconductor ETF | -0.23 | -0.07 | 0.10 | 90 | Semiconductors, Technology Equities | MCD vs SMH |
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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 Micron Technology, Inc. (MU) (Technology) with a 1Y correlation of -0.27, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Micron Technology, Inc. | -0.27 | -0.11 | 0.04 | 99 | Technology | |
| Credo Technology Group Holding Ltd | -0.25 | -0.10 | -0.00 | 77 | Technology | |
| NVIDIA Corporation | -0.25 | -0.10 | 0.08 | 63 | Technology | |
| BlackRock Science and Technology Term Trust | -0.23 | -0.02 | 0.13 | 89 | Financial Services | |
| Advanced Micro Devices, Inc. | -0.22 | -0.04 | 0.08 | 96 | Technology |
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