Looking to balance out your exposure to MNTS? The ETFs below have the lowest correlation with MNTS — they tend to move on their own, which can help reduce risk when MNTS drops. The stock ideas table highlights individual companies that behave independently from MNTS.
Best Diversifiers for MNTS
0 ETFs have low correlation with MNTS (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.36, roughly unchanged from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.36 | 0.29 | 0.32 | 60 | S&P 500 | MNTS vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MNTS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MNTS and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.02, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.02 | 0.02 | 0.06 | 74 | Energy | |
| Apple Inc | 0.09 | 0.11 | 0.18 | 88 | Technology | |
| Lockheed Martin Corporation | 0.13 | 0.09 | 0.09 | 52 | Industrials | |
| NVIDIA Corporation | 0.15 | 0.13 | 0.23 | 70 | Technology | |
| Core Scientific Inc. Tranche 2 Warrants | 0.18 | — | — | 83 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements MNTS
Add MNTS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MNTS