Looking to diversify beyond MBOX? The ETFs below have historically moved differently from MBOX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MBOX
208 ETFs have low correlation with MBOX (below 0.3), 20 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.31, roughly unchanged from -0.27 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.31 | -0.27 | — | 61 | Cryptocurrency | MBOX vs BITI | |
| Alpha Architect Tail Risk ETF | -0.27 | -0.07 | — | 56 | Options Trading | MBOX vs CAOS | |
| Invesco DB Energy Fund | -0.16 | 0.02 | 0.17 | 72 | Oil & Gas | MBOX vs DBE | |
| United States Brent Oil Fund LP | -0.14 | 0.03 | 0.16 | 52 | Oil & Gas | MBOX vs BNO | |
| Invesco DB Oil Fund | -0.12 | 0.04 | 0.18 | 58 | Oil & Gas | MBOX vs DBO |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements MBOX
Add MBOX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MBOX