Looking to balance out your exposure to MUFG? The ETFs below have historically moved differently from MUFG, 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 MUFG
1 ETFs have low correlation with MUFG (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.30, roughly unchanged from 0.33 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.30 | 0.32 | 0.33 | 54 | Nasdaq-100 | MUFG vs QQQ | |
| iShares iBoxx $ High Yield Corporate Bond ETF | 0.34 | 0.30 | 0.33 | 53 | High Yield Bonds | MUFG vs HYG | |
| iShares MSCI Taiwan ETF | 0.34 | 0.35 | 0.37 | 89 | Taiwan Equities, Asia Pacific Equities | MUFG vs EWT | |
| Fidelity Fundamental Emerging Markets ETF | 0.35 | — | — | 72 | Emerging Markets Equities | MUFG vs FFEM | |
| Vanguard S&P 500 ETF | 0.38 | 0.38 | 0.41 | 72 | S&P 500 | MUFG vs VOO |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for MUFG, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is RenaissanceRe Holdings Ltd. (RNR) (Financial Services) with a 1Y correlation of -0.08, down from 0.16 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| RenaissanceRe Holdings Ltd. | -0.08 | 0.12 | 0.16 | 83 | Financial Services | |
| Equinor ASA | -0.03 | 0.12 | 0.17 | 82 | Energy | |
| Petróleo Brasileiro S.A. - Petrobras | -0.02 | 0.14 | 0.19 | 79 | Energy | |
| The Allstate Corporation | 0.01 | 0.11 | 0.25 | 80 | Financial Services | |
| Saipem SpA ADR | 0.01 | 0.04 | 0.06 | 85 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements MUFG
Add MUFG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MUFG