Looking to balance out your exposure to MFA? The ETFs below have the lowest correlation with MFA — they tend to move on their own, which can help reduce risk when MFA drops. The stock ideas table highlights individual companies that behave independently from MFA.
Best Diversifiers for MFA
1 ETFs have low correlation with MFA (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco PHLX Semiconductor ETF (SOXQ) (Semiconductors) with a 1Y correlation of 0.21, down from 0.32 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco PHLX Semiconductor ETF | 0.21 | 0.32 | — | 94 | Semiconductors, Technology Equities | MFA vs SOXQ | |
| Vanguard S&P 500 ETF | 0.41 | 0.49 | 0.53 | 66 | S&P 500 | MFA vs VOO | |
| Schwab U.S. Dividend Equity ETF | 0.42 | 0.56 | 0.57 | 83 | Dividend | MFA vs SCHD | |
| Global X SuperDividend U.S. ETF | 0.48 | 0.58 | 0.59 | 51 | Dividend | MFA vs DIV | |
| SPDR Portfolio High Yield Bond ETF | 0.50 | 0.58 | 0.55 | 62 | High Yield Bonds | MFA vs SPHY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MFA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MFA and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of 0.05, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | 0.05 | 0.20 | 0.22 | 74 | Consumer Defensive | |
| Verizon Communications Inc. | 0.13 | 0.21 | 0.23 | 57 | Communication Services | |
| British American Tobacco p.l.c. | 0.18 | 0.28 | 0.28 | 77 | Consumer Defensive | |
| Johnson & Johnson | 0.18 | 0.23 | 0.24 | 94 | Healthcare | |
| United Parcel Service, Inc. | 0.31 | 0.41 | 0.40 | 59 | Industrials |
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