Looking to diversify beyond MTRA? The ETFs below have the lowest correlation with MTRA — 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 MTRA.
Best Diversifiers for MTRA
0 ETFs have low correlation with MTRA (below 0.3), 0 of which are negatively correlated. The least correlated is iShares MSCI Israel ETF (EIS) (Foreign Large Cap Equities) with a 1Y correlation of 0.51, roughly unchanged from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI Israel ETF | 0.51 | 0.51 | 0.51 | 67 | Foreign Large Cap Equities | MTRA vs EIS | |
| Global X MSCI SuperDividend® EAFE ETF | 0.53 | 0.53 | 0.53 | 86 | Foreign Large Cap Equities | MTRA vs EFAS | |
| Renaissance International IPO ETF | 0.62 | 0.62 | 0.62 | 56 | Foreign Large Cap Equities | MTRA vs IPOS | |
| Invesco PHLX Semiconductor ETF | 0.64 | 0.64 | 0.64 | 94 | Semiconductors, Technology Equities | MTRA vs SOXQ | |
| ALPS International Sector Dividend Dogs ETF | 0.66 | 0.66 | 0.66 | 80 | Foreign Large Cap Equities, Dividend | MTRA vs IDOG |
See all 14 diversifiers for MTRA
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