Looking to diversify beyond MBBB? The ETFs below have the lowest correlation with MBBB — 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 MBBB.
Best Diversifiers for MBBB
183 ETFs have low correlation with MBBB (below 0.3), 25 of which are negatively correlated. The least correlated is Fidelity Managed Futures ETF (FFUT) (Systematic Trend) with a 1Y correlation of -0.27, roughly unchanged from -0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Managed Futures ETF | -0.27 | -0.27 | -0.27 | 64 | Systematic Trend | MBBB vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.26 | -0.10 | -0.09 | 75 | Commodities | MBBB vs FAAR | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.26 | -0.07 | -0.07 | 50 | Commodities | MBBB vs CMDT | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.23 | -0.11 | -0.11 | 53 | Commodities | MBBB vs CERY | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.21 | -0.04 | -0.01 | 55 | Commodities | MBBB vs FTGC |
See all 1056 diversifiers for MBBB
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