Looking to diversify beyond MBCC? The ETFs below have the lowest correlation with MBCC — 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 MBCC.
Best Diversifiers for MBCC
196 ETFs have low correlation with MBCC (below 0.3), 39 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.32, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.32 | -0.11 | 0.04 | 71 | Oil & Gas | MBCC vs DBE | |
| United States Brent Oil Fund LP | -0.30 | -0.10 | 0.03 | 65 | Oil & Gas | MBCC vs BNO | |
| Invesco DB Oil Fund | -0.29 | -0.09 | 0.04 | 65 | Oil & Gas | MBCC vs DBO | |
| iShares Commodities Select Strategy ETF | -0.24 | -0.05 | 0.08 | 71 | Commodities | MBCC vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.24 | -0.04 | 0.08 | 71 | Commodities | MBCC vs GSG |
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