Looking to diversify beyond MUU? The ETFs below have historically moved differently from MUU, 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 MUU
619 ETFs have low correlation with MUU (below 0.3), 132 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.27 | — | — | 58 | Derivative Income | MUU vs WNTR | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.25 | — | — | 89 | Large Cap Value Equities, Dividend | MUU vs FDL | |
| iShares Core High Dividend ETF | -0.23 | — | — | 87 | Dividend, Large Cap Value Equities | MUU vs HDV | |
| FT Vest DJIA Dogs 10 Target Income ETF | -0.20 | — | — | 70 | Derivative Income | MUU vs DOGG | |
| Texas Capital Government Money Market ETF | -0.18 | — | — | 100 | Money Market | MUU vs MMKT |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for MUU, 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 Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.38, down from -0.24 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.38 | -0.24 | -0.24 | 87 | Financial Services | |
| Altria Group, Inc. | -0.30 | -0.26 | -0.26 | 63 | Consumer Defensive | |
| Berkshire Hathaway Inc. Class A | -0.25 | -0.08 | -0.08 | 67 | Financial Services | |
| Verizon Communications Inc. | -0.24 | -0.23 | -0.23 | 63 | Communication Services | |
| The Coca-Cola Company | -0.23 | — | — | 86 | Consumer Defensive |
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