Looking to diversify beyond MEM? The ETFs below have the lowest correlation with MEM — 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 MEM.
Best Diversifiers for MEM
205 ETFs have low correlation with MEM (below 0.3), 35 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.29, down from 0.01 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.29 | 0.01 | — | 71 | Oil & Gas | MEM vs DBE | |
| United States Brent Oil Fund LP | -0.29 | 0.01 | — | 65 | Oil & Gas | MEM vs BNO | |
| Invesco DB Oil Fund | -0.24 | 0.04 | — | 65 | Oil & Gas | MEM vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | MEM vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.17 | 0.12 | — | 71 | Commodities | MEM vs GSG |
See all 1146 diversifiers for MEM
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