Looking to balance out your exposure to MPFRY? The ETFs below have the lowest correlation with MPFRY — they tend to move on their own, which can help reduce risk when MPFRY drops. The stock ideas table highlights individual companies that behave independently from MPFRY.
No Diversifiers Found for MPFRY
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MPFRY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MPFRY and solid risk/return profiles. The least correlated is International Business Machines Corporation (IBM) (Technology) with a 1Y correlation of -0.01, roughly unchanged from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| International Business Machines Corporation | -0.01 | 0.00 | -0.00 | 53 | Technology | |
| Aflac Incorporated | 0.16 | 0.04 | 0.04 | 62 | Financial Services |
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