Looking to balance out your exposure to MOB? The ETFs below have the lowest correlation with MOB — they tend to move on their own, which can help reduce risk when MOB drops. The stock ideas table highlights individual companies that behave independently from MOB.
Best Diversifiers for MOB
1 ETFs have low correlation with MOB (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Semiconductor ETF (SMH) (Semiconductors) with a 1Y correlation of 0.25, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor ETF | 0.25 | 0.25 | 0.25 | 94 | Semiconductors, Technology Equities | MOB vs SMH | |
| iShares Expanded Tech Sector ETF | 0.30 | 0.30 | 0.30 | 61 | Technology Equities | MOB vs IGM | |
| Invesco Dorsey Wright Technology Momentum ETF | 0.38 | 0.38 | 0.38 | 76 | Momentum, Technology Equities | MOB vs PTF | |
| Spear Alpha ETF | 0.43 | 0.43 | 0.43 | 64 | Technology Equities | MOB vs SPRX |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MOB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MOB and solid risk/return profiles. The least correlated is AppLovin Corporation (APP) (Communication Services) with a 1Y correlation of 0.21, roughly unchanged from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AppLovin Corporation | 0.22 | 0.22 | 0.22 | 58 | Communication Services | |
| AST SpaceMobile, Inc. | 0.35 | 0.35 | 0.35 | 56 | Technology | |
| Intuitive Machines Inc. | 0.46 | 0.46 | 0.46 | 71 | Industrials | |
| D-Wave Quantum Inc | 0.49 | 0.49 | — | 61 | Technology | |
| Red Cat Holdings, Inc. | 0.51 | 0.51 | 0.51 | 57 | Industrials |
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