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
468 ETFs have low correlation with MNA (below 0.3), 19 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.29, down from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.29 | -0.16 | -0.09 | 63 | Leveraged Currency | MNA vs YCS | |
| SGI Enhanced Core ETF | -0.11 | — | — | 95 | Intermediate Core Bond | MNA vs USDX | |
| United States Gasoline Fund LP | -0.09 | -0.02 | 0.05 | 55 | Oil & Gas | MNA vs UGA | |
| Obra Opportunistic Structured Products ETF | -0.08 | — | — | 72 | Multisector Bonds | MNA vs OOSP | |
| iShares 0-3 Month Treasury Bond ETF | -0.07 | -0.05 | -0.01 | 100 | Ultrashort Bond | MNA vs SGOV |
See all 1453 diversifiers for MNA
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