Looking to diversify beyond MAGA? The ETFs below have the lowest correlation with MAGA — 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 MAGA.
Best Diversifiers for MAGA
354 ETFs have low correlation with MAGA (below 0.3), 28 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.29, roughly unchanged from -0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.29 | -0.30 | -0.32 | 57 | Cryptocurrency | MAGA vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.29 | -0.32 | -0.32 | 52 | Cryptocurrency, Leveraged Cryptocurrency | MAGA vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.28 | -0.30 | -0.30 | 68 | Inverse Equities, Leveraged Equities | MAGA vs MSTZ | |
| Invesco DB US Dollar Index Bullish Fund | -0.27 | -0.24 | -0.31 | 51 | Currency | MAGA vs UUP | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.25 | — | — | 70 | Derivative Income | MAGA vs WNTR |
See all 1563 diversifiers for MAGA
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements MAGA
Add MAGA to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MAGA