Looking to balance out your exposure to MFM? The ETFs below have the lowest correlation with MFM — they tend to move on their own, which can help reduce risk when MFM drops. The stock ideas table highlights individual companies that behave independently from MFM.
Best Diversifiers for MFM
1 ETFs have low correlation with MFM (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.20, roughly unchanged from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.20 | 0.22 | 0.24 | 70 | S&P 500 | MFM vs SPY |
Diversification Analysis
Build a portfolio that complements MFM
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