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Looking to diversify beyond MTUM? The ETFs below have the lowest correlation with MTUM — 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 MTUM.

Best Diversifiers for MTUM

260 ETFs have low correlation with MTUM (below 0.3), 33 of which are negatively correlated.


See all 1604 diversifiers for MTUM

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from MTUM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MTUM and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.18, down from 0.24 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Chubb Limited-0.180.030.24
68
Financial Services
Verizon Communications Inc.-0.18-0.040.07
63
Communication Services
Duke Energy Corporation-0.17-0.080.04
62
Utilities
Exxon Mobil Corporation-0.17-0.010.23
68
Energy
PepsiCo, Inc.-0.16-0.020.12
59
Consumer Defensive
See all 126 low-correlation stocks for MTUM

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Diversification Analysis

Build a portfolio that complements MTUM

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