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
684 ETFs have low correlation with MNA (below 0.3), 33 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 | -0.15 | -0.09 | 72 | Leveraged Currency | MNA vs YCS | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.29 | — | — | 65 | Inverse Equities, Leveraged Equities | MNA vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.28 | — | — | 70 | Derivative Income | MNA vs WNTR | |
| ProShares Short Bitcoin ETF | -0.21 | -0.20 | -0.22 | 53 | Cryptocurrency | MNA vs BITI | |
| SGI Enhanced Core ETF | -0.09 | — | — | 97 | Intermediate Core Bond | MNA vs USDX |
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