Looking to balance out your exposure to MDLZ? The ETFs below have historically moved differently from MDLZ, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MDLZ
29 ETFs have low correlation with MDLZ (below 0.3), 19 of which are negatively correlated. The least correlated is State Street Technology Select Sector SPDR ETF (XLK) (Technology Equities) with a 1Y correlation of -0.31, down from 0.07 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street Technology Select Sector SPDR ETF | -0.31 | -0.13 | 0.07 | 55 | Technology Equities | MDLZ vs XLK | |
| iShares Semiconductor ETF | -0.23 | -0.11 | 0.03 | 90 | Semiconductors, Technology Equities | MDLZ vs SOXX | |
| JPMorgan Nasdaq Equity Premium Income ETF | -0.20 | -0.05 | 0.11 | 55 | Nasdaq-100, Derivative Income | MDLZ vs JEPQ | |
| State Street SPDR S&P 500 ETF | -0.12 | 0.06 | 0.23 | 67 | S&P 500 | MDLZ vs SPY | |
| BNY Mellon US Large Cap Core Equity ETF | -0.12 | 0.05 | 0.22 | 62 | Large Cap Blend Equities | MDLZ vs BKLC |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for MDLZ, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.29, down from -0.03 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.29 | -0.21 | -0.03 | 56 | Technology | |
| Broadcom Inc. | -0.27 | -0.16 | 0.01 | 67 | Technology | |
| CrowdStrike Holdings, Inc. | -0.25 | -0.17 | -0.06 | 80 | Technology | |
| Micron Technology, Inc. | -0.25 | -0.16 | -0.03 | 99 | Technology | |
| GE Vernova Inc. | -0.22 | -0.13 | -0.13 | 76 | Industrials |
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