Looking to diversify beyond MAGG? The ETFs below have historically moved differently from MAGG, 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 MAGG
445 ETFs have low correlation with MAGG (below 0.3), 58 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.41 | — | — | 53 | Oil & Gas | MAGG vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.38 | — | — | 50 | Commodities | MAGG vs GSG | |
| DoubleLine Commodity Strategy ETF | -0.35 | — | — | 52 | Commodities | MAGG vs DCMT | |
| Invesco DB Commodity Index Tracking Fund | -0.33 | -0.18 | -0.18 | 56 | Commodities | MAGG vs DBC | |
| Strive U.S. Energy ETF | -0.32 | -0.15 | -0.15 | 61 | Energy Equities | MAGG vs DRLL |
See all 1199 diversifiers for MAGG
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