Looking to balance out your exposure to MCO? The ETFs below have the lowest correlation with MCO — they tend to move on their own, which can help reduce risk when MCO drops. The stock ideas table highlights individual companies that behave independently from MCO.
Best Diversifiers for MCO
155 ETFs have low correlation with MCO (below 0.3), 6 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GraniteShares 2x Long VRT Daily ETF | -0.09 | — | — | 82 | Leveraged Equities | MCO vs VRTL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.08 | -0.10 | -0.01 | 100 | Government Bonds, Ultrashort Bond | MCO vs BIL | |
| Global X MLP & Energy Infrastructure ETF | -0.03 | 0.19 | 0.28 | 51 | MLPs | MCO vs MLPX | |
| iShares Treasury Floating Rate Bond ETF | -0.02 | -0.09 | -0.09 | 100 | Government Bonds, Ultrashort Bond | MCO vs TFLO | |
| iShares Global Clean Energy ETF | -0.02 | 0.19 | 0.36 | 70 | Alternative Energy Equities | MCO vs ICLN |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MCO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MCO and solid risk/return profiles. The least correlated is BP p.l.c. (BP) (Energy) with a 1Y correlation of -0.15, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BP p.l.c. | -0.15 | -0.01 | 0.08 | 75 | Energy | |
| Diamondback Energy, Inc. | -0.13 | -0.01 | 0.10 | 75 | Energy | |
| Chevron Corporation | -0.13 | 0.02 | 0.11 | 70 | Energy | |
| Exxon Mobil Corporation | -0.13 | 0.01 | 0.11 | 74 | Energy | |
| Petróleo Brasileiro S.A. - Petrobras | -0.12 | 0.01 | 0.05 | 75 | Energy |
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Build a portfolio that complements MCO
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