Looking to balance out your exposure to MET? The ETFs below have the lowest correlation with MET — they tend to move on their own, which can help reduce risk when MET drops. The stock ideas table highlights individual companies that behave independently from MET.
Best Diversifiers for MET
9 ETFs have low correlation with MET (below 0.3), 2 of which are negatively correlated. The least correlated is USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI) (Commodities) with a 1Y correlation of -0.07, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| USCF SummerHaven Dynamic Commodity Strategy No K-1... | -0.07 | 0.06 | 0.18 | 74 | Commodities | MET vs SDCI | |
| iShares 0-1 Year Treasury Bond ETF | -0.00 | -0.04 | -0.04 | 100 | Government Bonds, Ultrashort Bond | MET vs SHV | |
| iMGP DBi Managed Futures Strategy ETF | 0.07 | 0.11 | 0.08 | 83 | Systematic Trend | MET vs DBMF | |
| VanEck Vectors Rare Earth/Strategic Metals ETF | 0.11 | 0.23 | 0.33 | 87 | Materials | MET vs REMX | |
| Vanguard Energy ETF | 0.14 | 0.37 | 0.46 | 64 | Energy Equities | MET vs VDE |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MET, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MET and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.02, down from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.02 | 0.18 | 0.29 | 69 | Consumer Defensive | |
| Oracle Corporation | -0.01 | 0.14 | 0.26 | 58 | Technology | |
| Micron Technology, Inc. | 0.00 | 0.13 | 0.25 | 99 | Technology | |
| Broadcom Inc. | 0.02 | 0.10 | 0.21 | 84 | Technology | |
| Cardinal Health, Inc. | 0.05 | 0.19 | 0.33 | 68 | Healthcare |
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Build a portfolio that complements MET
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