Looking to balance out your exposure to MKTAY? The ETFs below have the lowest correlation with MKTAY — they tend to move on their own, which can help reduce risk when MKTAY drops. The stock ideas table highlights individual companies that behave independently from MKTAY.
No Diversifiers Found for MKTAY
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MKTAY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MKTAY and solid risk/return profiles. The least correlated is United Rentals, Inc. (URI) (Industrials) with a 1Y correlation of 0.24, roughly unchanged from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| United Rentals, Inc. | 0.24 | 0.27 | 0.30 | 70 | Industrials |
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