Looking to diversify beyond MAKX? The ETFs below have the lowest correlation with MAKX — 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 MAKX.
Best Diversifiers for MAKX
235 ETFs have low correlation with MAKX (below 0.3), 37 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.40, roughly unchanged from -0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.40 | -0.37 | -0.39 | 52 | Cryptocurrency | MAKX vs BITI | |
| Invesco DB Energy Fund | -0.21 | -0.03 | 0.07 | 57 | Oil & Gas | MAKX vs DBE | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.15 | — | — | 96 | Inflation-Protected Bonds | MAKX vs IBID | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.11 | -0.09 | — | 100 | Government Bonds, Ultrashort Bond | MAKX vs BIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.11 | — | — | 98 | Inflation-Protected Bonds | MAKX vs IBIC |
See all 1147 diversifiers for MAKX
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