Looking to balance out your exposure to MXC? The ETFs below have the lowest correlation with MXC — they tend to move on their own, which can help reduce risk when MXC drops. The stock ideas table highlights individual companies that behave independently from MXC.
Best Diversifiers for MXC
2 ETFs have low correlation with MXC (below 0.3), 2 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of -0.11, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | -0.11 | -0.03 | 0.07 | 74 | S&P 500 | MXC vs VOO | |
| State Street SPDR S&P 500 ETF | -0.11 | -0.03 | 0.07 | 74 | S&P 500 | MXC vs SPY |
Diversification Analysis
Build a portfolio that complements MXC
Add MXC to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
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