Looking to balance out your exposure to MDLZ? The ETFs below have the lowest correlation with MDLZ — they tend to move on their own, which can help reduce risk when MDLZ drops. The stock ideas table highlights individual companies that behave independently from MDLZ.
Best Diversifiers for MDLZ
22 ETFs have low correlation with MDLZ (below 0.3), 5 of which are negatively correlated. The least correlated is YieldMax NVDA Option Income Strategy ETF (NVDY) (Derivative Income) with a 1Y correlation of -0.24, roughly unchanged from -0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax NVDA Option Income Strategy ETF | -0.24 | -0.16 | -0.17 | 52 | Derivative Income, Options Trading | MDLZ vs NVDY | |
| Invesco NASDAQ 100 ETF | -0.05 | 0.02 | 0.16 | 74 | Nasdaq-100 | MDLZ vs QQQM | |
| United States Oil Fund LP | -0.04 | -0.09 | -0.03 | 66 | Oil & Gas | MDLZ vs USO | |
| JPMorgan Nasdaq Equity Premium Income ETF | -0.02 | 0.03 | — | 74 | Nasdaq-100, Derivative Income | MDLZ vs JEPQ | |
| Invesco DB Commodity Index Tracking Fund | -0.01 | -0.05 | 0.00 | 75 | Commodities | MDLZ vs DBC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MDLZ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MDLZ and solid risk/return profiles. The least correlated is CrowdStrike Holdings, Inc. (CRWD) (Technology) with a 1Y correlation of -0.24, down from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CrowdStrike Holdings, Inc. | -0.24 | -0.14 | -0.05 | 70 | Technology | |
| NVIDIA Corporation | -0.24 | -0.17 | -0.02 | 78 | Technology | |
| Broadcom Inc. | -0.16 | -0.10 | 0.04 | 84 | Technology | |
| MongoDB, Inc. | -0.13 | -0.05 | 0.02 | 75 | Technology | |
| Micron Technology, Inc. | -0.11 | -0.10 | 0.02 | 99 | Technology |
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