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
4 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) (Corporate Bonds) with a 1Y correlation of 0.03, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Low Duration Bond Factor ETF | 0.03 | -0.00 | 0.01 | 98 | Corporate Bonds | MPTI vs FLDR | |
| VanEck Semiconductor ETF | 0.28 | 0.25 | — | 96 | Semiconductors, Technology Equities | MPTI vs SMH | |
| Dimensional International Small Cap ETF | 0.30 | 0.22 | — | 53 | Foreign Small & Mid Cap Equities | MPTI vs DFIS | |
| Fidelity Small-Mid Multifactor ETF | 0.30 | 0.26 | 0.23 | 53 | Small Cap Growth Equities | MPTI vs FSMD | |
| iShares MSCI Emerging Markets ex China ETF | 0.30 | 0.24 | — | 91 | Emerging Markets Equities | MPTI vs EMXC |
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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 -0.10, roughly unchanged from -0.06 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cboe Global Markets, Inc. | -0.10 | -0.06 | — | 68 | Financial Services | |
| Pfizer Inc. | 0.00 | 0.05 | 0.07 | 61 | Healthcare | |
| Disc Medicine Inc. | 0.03 | 0.06 | — | 67 | Healthcare | |
| Intel Corporation | 0.07 | 0.09 | 0.08 | 98 | Technology | |
| Regency Centers Corporation | 0.09 | 0.14 | 0.11 | 61 | Real Estate |
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Build a portfolio that complements MPTI
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