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
214 ETFs have low correlation with MEM (below 0.3), 34 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.48, down from -0.33 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.48 | -0.33 | — | 57 | Cryptocurrency | MEM vs BITI | |
| Invesco DB Energy Fund | -0.23 | 0.01 | — | 53 | Oil & Gas | MEM vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | MEM vs IBIC | |
| Global X 1-3 Month T-Bill ETF | -0.14 | -0.01 | — | 100 | Ultrashort Bond | MEM vs CLIP | |
| Brookstone Ultra-Short Bond ETF | -0.13 | — | — | 99 | Ultrashort Bond | MEM vs BAMU |
See all 1123 diversifiers for MEM
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