Looking to balance out your exposure to MPTI? The ETFs below have the lowest correlation with MPTI — they tend to move on their own, which can help reduce risk when MPTI drops. The stock ideas table highlights individual companies that behave independently from MPTI.
Best Diversifiers for MPTI
1 ETFs have low correlation with MPTI (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Low Duration Bond Factor ETF (FLDR) (Short-Term Bond) with a 1Y correlation of 0.04, roughly unchanged from -0.01 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Low Duration Bond Factor ETF | 0.04 | -0.01 | — | 98 | Short-Term Bond, Corporate Bonds | MPTI vs FLDR | |
| VanEck Semiconductor ETF | 0.31 | 0.26 | — | 94 | Semiconductors, Technology Equities | MPTI vs SMH | |
| iShares MSCI Emerging Markets ex China ETF | 0.33 | 0.25 | — | 85 | Emerging Markets Equities | MPTI vs EMXC | |
| Vanguard FTSE Developed Markets ETF | 0.34 | 0.25 | — | 55 | Foreign Large Cap Equities | MPTI vs VEA | |
| Global X NASDAQ 100 Covered Call ETF | 0.35 | 0.28 | 0.25 | 84 | Nasdaq-100, Derivative Income | MPTI vs QYLD |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MPTI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MPTI and solid risk/return profiles. The least correlated is Cboe Global Markets, Inc. (CBOE) (Financial Services) with a 1Y correlation of -0.09, roughly unchanged from -0.04 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cboe Global Markets, Inc. | -0.09 | -0.04 | — | 55 | Financial Services | |
| Energy Transfer LP | -0.03 | 0.10 | 0.10 | 72 | Energy | |
| United Therapeutics Corporation | -0.00 | 0.02 | 0.01 | 94 | Healthcare | |
| Pfizer Inc. | 0.01 | 0.05 | 0.07 | 56 | Healthcare | |
| Etsy, Inc. | 0.02 | 0.07 | 0.07 | 62 | Consumer Cyclical |
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Build a portfolio that complements MPTI
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