Looking to balance out your exposure to MRX? The ETFs below have the lowest correlation with MRX — they tend to move on their own, which can help reduce risk when MRX drops. The stock ideas table highlights individual companies that behave independently from MRX.
Best Diversifiers for MRX
1 ETFs have low correlation with MRX (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.21 | — | — | 63 | S&P 500 | MRX vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MRX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MRX and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Applied Digital Corporation | -0.02 | — | — | 93 | Technology | |
| Amphenol Corporation | 0.05 | — | — | 82 | Technology | |
| Apple Inc | 0.06 | — | — | 83 | Technology | |
| CVS Health Corporation | 0.08 | — | — | 88 | Healthcare | |
| Oil-Dri Corporation of America | 0.10 | — | — | 86 | Basic Materials |
See all 20 low-correlation stocks for MRX
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Diversification Analysis
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