Looking to balance out your exposure to MT? The ETFs below have the lowest correlation with MT — they tend to move on their own, which can help reduce risk when MT drops. The stock ideas table highlights individual companies that behave independently from MT.
Best Diversifiers for MT
0 ETFs have low correlation with MT (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Information Technology ETF (VGT) (Technology Equities) with a 1Y correlation of 0.44, roughly unchanged from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Information Technology ETF | 0.44 | 0.38 | 0.43 | 76 | Technology Equities | MT vs VGT | |
| Invesco NASDAQ 100 ETF | 0.47 | 0.39 | 0.42 | 75 | Nasdaq-100 | MT vs QQQM | |
| Vanguard S&P 500 ETF | 0.50 | 0.45 | 0.50 | 74 | S&P 500 | MT vs VOO | |
| Vanguard Total Stock Market ETF | 0.50 | 0.47 | 0.51 | 73 | Large Cap Blend Equities | MT vs VTI |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MT and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.15, down from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.15 | 0.12 | 0.27 | 84 | Energy | |
| Exxon Mobil Corporation | -0.10 | 0.11 | 0.26 | 86 | Energy | |
| TotalEnergies SE | -0.01 | 0.22 | 0.27 | 91 | Energy | |
| The Coca-Cola Company | -0.01 | 0.06 | 0.15 | 62 | Consumer Defensive | |
| Palo Alto Networks, Inc. | 0.03 | 0.11 | 0.18 | 69 | Technology |
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