Looking to diversify beyond MAGS? The ETFs below have the lowest correlation with MAGS — 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 MAGS.
Best Diversifiers for MAGS
337 ETFs have low correlation with MAGS (below 0.3), 49 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.23 | — | — | 98 | Inflation-Protected Bonds | MAGS vs IBIC | |
| United States Gasoline Fund LP | -0.21 | -0.03 | -0.03 | 55 | Oil & Gas | MAGS vs UGA | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.19 | — | — | 95 | Inflation-Protected Bonds | MAGS vs IBID | |
| Brookstone Ultra-Short Bond ETF | -0.18 | — | — | 98 | Ultrashort Bond | MAGS vs BAMU | |
| iShares Core High Dividend ETF | -0.18 | -0.02 | — | 70 | Dividend, Large Cap Value Equities | MAGS vs HDV |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MAGS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MAGS and solid risk/return profiles. The least correlated is Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.28, roughly unchanged from -0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.28 | -0.19 | -0.19 | 62 | Utilities | |
| Altria Group, Inc. | -0.28 | -0.16 | — | 72 | Consumer Defensive | |
| Chevron Corporation | -0.26 | -0.10 | -0.09 | 70 | Energy | |
| Exxon Mobil Corporation | -0.25 | -0.10 | -0.10 | 72 | Energy | |
| Chubb Limited | -0.25 | -0.11 | -0.10 | 69 | Financial Services |
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