Looking to diversify beyond MUU? The ETFs below have the lowest correlation with MUU — 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 MUU.
Best Diversifiers for MUU
708 ETFs have low correlation with MUU (below 0.3), 140 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.26 | — | — | 70 | Inverse Equities, Leveraged Equities | MUU vs MSTZ | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | -0.24 | -0.24 | -0.24 | 96 | High Yield Bonds | MUU vs BSJQ | |
| Ea Bridgeway Blue Chip ETF | -0.24 | -0.24 | -0.24 | 77 | Large Cap Growth Equities | MUU vs BBLU | |
| iShares iBonds Dec 2027 Term Corporate ETF | -0.21 | -0.21 | -0.21 | 98 | Corporate Bonds | MUU vs IBDS | |
| Amplify CWP Enhanced Dividend Income ETF | -0.20 | -0.20 | -0.20 | 72 | Derivative Income | MUU vs DIVO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MUU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MUU and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.33, down from -0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.33 | -0.20 | -0.20 | 82 | Financial Services | |
| Waste Management, Inc. | -0.31 | — | — | 56 | Industrials | |
| Altria Group, Inc. | -0.27 | — | — | 80 | Consumer Defensive | |
| Duke Energy Corporation | -0.27 | — | — | 64 | Utilities | |
| The Southern Company | -0.24 | — | — | 56 | Utilities |
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