Looking to diversify beyond MNA? The ETFs below have historically moved differently from MNA, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MNA
640 ETFs have low correlation with MNA (below 0.3), 32 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.27 | — | — | 69 | Derivative Income | MNA vs WNTR | |
| ProShares UltraShort Yen | -0.26 | -0.14 | -0.09 | 59 | Leveraged Currency | MNA vs YCS | |
| ProShares Short Bitcoin ETF | -0.23 | -0.20 | — | 51 | Cryptocurrency | MNA vs BITI | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.12 | -0.08 | -0.02 | 51 | Nontraditional Bonds | MNA vs RISR | |
| SGI Enhanced Core ETF | -0.11 | -0.07 | -0.07 | 96 | Intermediate Core Bond | MNA vs USDX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements MNA
Add MNA to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MNA