Looking to balance out your exposure to MFC? The ETFs below have the lowest correlation with MFC — they tend to move on their own, which can help reduce risk when MFC drops. The stock ideas table highlights individual companies that behave independently from MFC.
Best Diversifiers for MFC
1 ETFs have low correlation with MFC (below 0.3), 0 of which are negatively correlated. The least correlated is iShares 0-1 Year Treasury Bond ETF (SHV) (Government Bonds) with a 1Y correlation of 0.09, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-1 Year Treasury Bond ETF | 0.09 | 0.04 | 0.02 | 100 | Government Bonds, Ultrashort Bond | MFC vs SHV | |
| Schwab U.S. Dividend Equity ETF | 0.34 | 0.46 | 0.57 | 83 | Dividend | MFC vs SCHD | |
| iShares Core MSCI Emerging Markets ETF | 0.41 | 0.49 | 0.56 | 67 | Emerging Markets Diversified | MFC vs IEMG | |
| Invesco S&P 500 Momentum ETF | 0.42 | 0.48 | 0.55 | 68 | Momentum, S&P 500 | MFC vs SPMO | |
| Capital Group Dividend Value ETF | 0.55 | 0.59 | — | 72 | Large Cap Value Equities, Dividend | MFC vs CGDV |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MFC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MFC and solid risk/return profiles. The least correlated is Devon Energy Corporation (DVN) (Energy) with a 1Y correlation of -0.08, down from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Devon Energy Corporation | -0.08 | 0.16 | 0.32 | 69 | Energy | |
| The Coca-Cola Company | -0.07 | 0.03 | 0.16 | 82 | Consumer Defensive | |
| Petróleo Brasileiro S.A. - Petrobras | -0.06 | 0.12 | 0.21 | 78 | Energy | |
| Johnson & Johnson | -0.03 | 0.09 | 0.14 | 97 | Healthcare | |
| PepsiCo, Inc. | -0.01 | 0.07 | 0.12 | 50 | Consumer Defensive |
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Build a portfolio that complements MFC
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