Looking to diversify beyond MRNY? The ETFs below have the lowest correlation with MRNY — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from MRNY.
Best Diversifiers for MRNY
692 ETFs have low correlation with MRNY (below 0.3), 41 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.25, roughly unchanged from -0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.25 | -0.19 | -0.19 | 62 | Inverse Equities, Leveraged Equities | MRNY vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.23 | — | — | 63 | Derivative Income | MRNY vs WNTR | |
| ProShares UltraShort Yen | -0.15 | — | — | 73 | Leveraged Currency | MRNY vs YCS | |
| United States Gasoline Fund LP | -0.13 | — | — | 69 | Oil & Gas | MRNY vs UGA | |
| WisdomTree Floating Rate Treasury Fund | -0.12 | — | — | 100 | Government Bonds, Ultrashort Bond | MRNY vs USFR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MRNY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MRNY and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.09 | — | — | 73 | Financial Services | |
| The Coca-Cola Company | -0.08 | — | — | 76 | Consumer Defensive | |
| Apple Inc | 0.17 | — | — | 83 | Technology | |
| Definium Therapeutics, Inc | 0.22 | — | — | 99 | Healthcare | |
| JPMorgan Chase & Co. | 0.25 | — | — | 68 | Financial Services |
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