Looking to balance out your exposure to MKC? The ETFs below have the lowest correlation with MKC — they tend to move on their own, which can help reduce risk when MKC drops. The stock ideas table highlights individual companies that behave independently from MKC.
Best Diversifiers for MKC
5 ETFs have low correlation with MKC (below 0.3), 4 of which are negatively correlated. The least correlated is Vanguard Information Technology ETF (VGT) (Technology Equities) with a 1Y correlation of -0.27, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Information Technology ETF | -0.27 | -0.11 | 0.02 | 61 | Technology Equities | MKC vs VGT | |
| Vanguard S&P 500 ETF | -0.10 | 0.07 | 0.18 | 68 | S&P 500 | MKC vs VOO | |
| State Street SPDR S&P 500 ETF | -0.10 | 0.07 | 0.18 | 67 | S&P 500 | MKC vs SPY | |
| Vanguard Total Stock Market ETF | -0.09 | 0.08 | 0.17 | 67 | Large Cap Blend Equities | MKC vs VTI | |
| Inspire 100 ETF | 0.01 | 0.13 | 0.20 | 84 | Large Cap Growth Equities | MKC vs BIBL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MKC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MKC and solid risk/return profiles. The least correlated is Nebius Group N.V. (NBIS) (Communication Services) with a 1Y correlation of -0.22, roughly unchanged from -0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Nebius Group N.V. | -0.22 | -0.17 | -0.17 | 96 | Communication Services | |
| Marvell Technology, Inc. | -0.22 | -0.11 | -0.03 | 95 | Technology | |
| Nokia Corporation | -0.14 | 0.06 | 0.10 | 94 | Technology | |
| Tesla, Inc. | -0.13 | 0.00 | 0.03 | 66 | Consumer Cyclical | |
| Intel Corporation | -0.11 | -0.00 | 0.05 | 98 | Technology |
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Build a portfolio that complements MKC
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