Looking to diversify beyond MNA? The ETFs below have the lowest correlation with MNA — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from MNA.
Best Diversifiers for MNA
503 ETFs have low correlation with MNA (below 0.3), 34 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.32, down from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.32 | -0.15 | -0.09 | 61 | Leveraged Currency | MNA vs YCS | |
| SGI Enhanced Core ETF | -0.12 | — | — | 94 | Intermediate Core Bond | MNA vs USDX | |
| Invesco DB Energy Fund | -0.11 | 0.01 | 0.07 | 71 | Oil & Gas | MNA vs DBE | |
| United States Oil Fund LP | -0.11 | 0.02 | 0.07 | 66 | Oil & Gas | MNA vs USO | |
| United States Gasoline Fund LP | -0.10 | -0.02 | 0.06 | 69 | Oil & Gas | MNA vs UGA |
See all 1592 diversifiers for MNA
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