Looking to diversify beyond MUD? The ETFs below have the lowest correlation with MUD — 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 MUD.
Best Diversifiers for MUD
1143 ETFs have low correlation with MUD (below 0.3), 1082 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco AI and Next Gen Software ETF | -0.73 | — | — | 94 | Technology Equities | MUD vs IGPT | |
| First Trust Nasdaq Semiconductor ETF | -0.72 | — | — | 97 | Semiconductors, Technology Equities | MUD vs FTXL | |
| VistaShares Artificial Intelligence Supercycle ETF | -0.71 | — | — | 97 | Technology Equities | MUD vs AIS | |
| Xtrackers Semiconductor Select Equity ETF | -0.71 | — | — | 97 | Semiconductors, Technology Equities | MUD vs CHPS | |
| Direxion Daily Semiconductor Bull 3X ETF | -0.68 | — | — | 97 | Leveraged Equities, Semiconductors | MUD vs SOXL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MUD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MUD and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Micron Technology, Inc. | -1.00 | — | — | 99 | Technology | |
| Lumentum Holdings Inc. | -0.42 | -0.51 | -0.51 | 99 | Technology | |
| Tower Semiconductor Ltd | -0.40 | — | — | 99 | Technology | |
| Reddit, Inc. | -0.25 | — | — | 62 | Communication Services | |
| AXT, Inc. | -0.22 | — | — | 99 | Technology |
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