Looking to diversify beyond MBNE? The ETFs below have the lowest correlation with MBNE — 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 MBNE.
Best Diversifiers for MBNE
962 ETFs have low correlation with MBNE (below 0.3), 43 of which are negatively correlated. The least correlated is Bastion Energy ETF (BESF) (Energy Equities) with a 1Y correlation of -0.18, roughly unchanged from -0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Bastion Energy ETF | -0.18 | -0.18 | -0.18 | 84 | Energy Equities | MBNE vs BESF | |
| First Trust Alternative Absolute Return Strategy E... | -0.15 | -0.08 | -0.06 | 75 | Commodities | MBNE vs FAAR | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.15 | -0.11 | -0.11 | 53 | Commodities | MBNE vs CERY | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.14 | -0.07 | -0.03 | 55 | Commodities | MBNE vs FTGC | |
| Direxion Auspice Broad Commodity Strategy ETF | -0.12 | -0.06 | -0.03 | 54 | Commodities | MBNE vs COM |
See all 1065 diversifiers for MBNE
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