Looking to balance out your exposure to MUR? The ETFs below have the lowest correlation with MUR — they tend to move on their own, which can help reduce risk when MUR drops. The stock ideas table highlights individual companies that behave independently from MUR.
Best Diversifiers for MUR
4 ETFs have low correlation with MUR (below 0.3), 3 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of -0.10, down from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | -0.10 | 0.11 | 0.27 | 59 | S&P 500 | MUR vs SPY | |
| Vanguard S&P 500 ETF | -0.10 | 0.11 | 0.27 | 59 | S&P 500 | MUR vs VOO | |
| Vanguard Total World Stock ETF | -0.08 | 0.14 | 0.30 | 59 | Global Equities | MUR vs VT | |
| Inspire 100 ETF | 0.05 | 0.22 | 0.33 | 82 | Large Cap Growth Equities | MUR vs BIBL | |
| Schwab U.S. Dividend Equity ETF | 0.37 | 0.40 | 0.47 | 77 | Dividend | MUR vs SCHD |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MUR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MUR and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.13, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.13 | -0.01 | 0.11 | 72 | Technology | |
| Aveanna Healthcare Holdings Inc. | -0.11 | 0.11 | 0.12 | 74 | Healthcare | |
| Williams-Sonoma, Inc. | -0.02 | 0.12 | 0.19 | 75 | Consumer Cyclical | |
| Walmart Inc. | -0.02 | 0.00 | 0.07 | 69 | Consumer Defensive | |
| Verizon Communications Inc. | -0.00 | 0.03 | 0.10 | 66 | Communication Services |
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