Looking to diversify beyond MTRA? The ETFs below have historically moved differently from MTRA, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MTRA
2 ETFs have low correlation with MTRA (below 0.3), 0 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco S&P 500® High Dividend Low Volatility ETF | 0.15 | — | — | 53 | Dividend, S&P 500, Low Volatility | MTRA vs SPHD | |
| Schwab U.S. Dividend Equity ETF | 0.25 | — | — | 95 | Dividend | MTRA vs SCHD | |
| Global X MSCI SuperDividend® EAFE ETF | 0.42 | — | — | 94 | Dividend, Foreign Large Cap Equities | MTRA vs EFAS | |
| VictoryShares International Volatility Wtd ETF | 0.47 | — | — | 93 | Foreign Large Cap Equities, Low Volatility | MTRA vs CIL | |
| iShares MSCI EAFE Min Vol Factor ETF | 0.52 | — | — | 69 | Foreign Large Cap Equities, Low Volatility | MTRA vs EFAV |
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