Looking to balance out your exposure to MRUS? The ETFs below have the lowest correlation with MRUS — they tend to move on their own, which can help reduce risk when MRUS drops. The stock ideas table highlights individual companies that behave independently from MRUS.
Best Diversifiers for MRUS
3 ETFs have low correlation with MRUS (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco S&P 500 Momentum ETF (SPMO) (Momentum) with a 1Y correlation of 0.12, roughly unchanged from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco S&P 500 Momentum ETF | 0.12 | 0.23 | 0.21 | 75 | Momentum, S&P 500 | MRUS vs SPMO | |
| iShares MSCI ACWI ETF | 0.14 | 0.27 | 0.27 | 70 | Global Equities | MRUS vs ACWI | |
| State Street SPDR S&P 500 ETF | 0.16 | 0.28 | 0.27 | 74 | S&P 500 | MRUS vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MRUS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MRUS and solid risk/return profiles. The least correlated is Palo Alto Networks, Inc. (PANW) (Technology) with a 1Y correlation of 0.02, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Palo Alto Networks, Inc. | 0.02 | 0.19 | 0.22 | 69 | Technology | |
| Walmart Inc. | 0.03 | 0.12 | 0.08 | 66 | Consumer Defensive | |
| Uranium Energy Corp. | 0.04 | 0.16 | 0.17 | 81 | Energy | |
| Regencell Bioscience Holdings Limited | 0.04 | 0.07 | 0.07 | 65 | Healthcare | |
| NVIDIA Corporation | 0.04 | 0.14 | 0.19 | 80 | Technology |
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