Looking to diversify beyond MEM? The ETFs below have historically moved differently from MEM, 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 MEM
263 ETFs have low correlation with MEM (below 0.3), 46 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.50, down from -0.34 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.50 | -0.34 | — | 61 | Cryptocurrency | MEM vs BITI | |
| Alpha Architect Tail Risk ETF | -0.32 | -0.09 | — | 56 | Options Trading | MEM vs CAOS | |
| Invesco DB Energy Fund | -0.22 | 0.01 | — | 72 | Oil & Gas | MEM vs DBE | |
| iShares U.S. Insurance ETF | -0.21 | 0.02 | 0.15 | 53 | Financials Equities | MEM vs IAK | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | MEM vs IBIC |
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