Looking to balance out your exposure to MDB? The ETFs below have the lowest correlation with MDB — they tend to move on their own, which can help reduce risk when MDB drops. The stock ideas table highlights individual companies that behave independently from MDB.
Best Diversifiers for MDB
0 ETFs have low correlation with MDB (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, down from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.37 | 0.47 | 0.53 | 66 | S&P 500 | MDB vs VOO | |
| Vanguard Total Stock Market ETF | 0.38 | 0.48 | 0.55 | 66 | Large Cap Blend Equities | MDB vs VTI | |
| Invesco QQQ ETF | 0.38 | 0.50 | 0.59 | 53 | Nasdaq-100 | MDB vs QQQ | |
| Vanguard Information Technology ETF | 0.44 | 0.53 | 0.60 | 50 | Technology Equities | MDB vs VGT |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MDB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MDB and solid risk/return profiles. The least correlated is Linde plc (LIN) (Basic Materials) with a 1Y correlation of -0.13, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Linde plc | -0.13 | 0.07 | 0.20 | 65 | Basic Materials | |
| Coca-Cola Consolidated, Inc. | -0.10 | 0.07 | 0.13 | 85 | Consumer Defensive | |
| Merck & Co., Inc. | -0.09 | -0.05 | -0.04 | 92 | Healthcare | |
| Monster Beverage Corporation | -0.08 | 0.04 | 0.17 | 94 | Consumer Defensive | |
| W.W. Grainger, Inc. | -0.01 | 0.17 | 0.22 | 82 | Industrials |
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