Looking to diversify beyond MBBA? The ETFs below have the lowest correlation with MBBA — 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 MBBA.
Best Diversifiers for MBBA
141 ETFs have low correlation with MBBA (below 0.3), 39 of which are negatively correlated. The least correlated is Strive U.S. Energy ETF (DRLL) (Energy Equities) with a 1Y correlation of -0.51, roughly unchanged from -0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Strive U.S. Energy ETF | -0.51 | -0.51 | -0.51 | 58 | Energy Equities | MBBA vs DRLL | |
| First Trust Nasdaq Oil & Gas ETF | -0.50 | -0.50 | -0.50 | 54 | Energy Equities | MBBA vs FTXN | |
| Fidelity MSCI Energy Index ETF | -0.46 | -0.46 | -0.46 | 71 | Energy Equities | MBBA vs FENY | |
| abrdn Bloomberg All Commodity Strategy K-1 Free ET... | -0.46 | -0.46 | -0.46 | 70 | Commodities | MBBA vs BCI | |
| iShares U.S. Energy ETF | -0.45 | -0.45 | -0.45 | 69 | Energy Equities | MBBA vs IYE |
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