Looking to diversify beyond MAGC? The ETFs below have the lowest correlation with MAGC — 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 MAGC.
Best Diversifiers for MAGC
332 ETFs have low correlation with MAGC (below 0.3), 40 of which are negatively correlated. The least correlated is United States Brent Oil Fund LP (BNO) (Oil & Gas) with a 1Y correlation of -0.15, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Brent Oil Fund LP | -0.15 | -0.03 | -0.03 | 65 | Oil & Gas | MAGC vs BNO | |
| Invesco DB Energy Fund | -0.15 | — | — | 71 | Oil & Gas | MAGC vs DBE | |
| Invesco DB Oil Fund | -0.13 | — | — | 65 | Oil & Gas | MAGC vs DBO | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.13 | -0.10 | -0.10 | 96 | Inflation-Protected Bonds | MAGC vs IBID | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.12 | — | — | 98 | Inflation-Protected Bonds | MAGC vs IBIC |
See all 1189 diversifiers for MAGC
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