Looking to diversify beyond MDAA? The ETFs below have the lowest correlation with MDAA — 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 MDAA.
Best Diversifiers for MDAA
121 ETFs have low correlation with MDAA (below 0.3), 19 of which are negatively correlated. The least correlated is iShares iBonds Oct 2027 Term TIPS ETF (IBID) (Inflation-Protected Bonds) with a 1Y correlation of -0.15, roughly unchanged from -0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2027 Term TIPS ETF | -0.15 | -0.15 | -0.15 | 96 | Inflation-Protected Bonds | MDAA vs IBID | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.14 | -0.14 | -0.14 | 100 | Government Bonds, Ultrashort Bond | MDAA vs BIL | |
| Global X 1-3 Month T-Bill ETF | -0.14 | -0.14 | -0.14 | 100 | Ultrashort Bond | MDAA vs CLIP | |
| Alerian Energy Infrastructure ETF | -0.12 | -0.12 | -0.12 | 73 | Energy Equities | MDAA vs ENFR | |
| Barclays ETN+ Select MLP ETN | -0.11 | -0.11 | -0.11 | 56 | MLPs | MDAA vs ATMP |
See all 1074 diversifiers for MDAA
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