Looking to diversify beyond MFIG? The ETFs below have the lowest correlation with MFIG — 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 MFIG.
Best Diversifiers for MFIG
144 ETFs have low correlation with MFIG (below 0.3), 29 of which are negatively correlated. The least correlated is iShares Global Energy ETF (IXC) (Energy Equities) with a 1Y correlation of -0.28, roughly unchanged from -0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Global Energy ETF | -0.28 | -0.28 | -0.28 | 51 | Energy Equities | MFIG vs IXC | |
| Barclays ETN+ Select MLP ETN | -0.26 | -0.26 | -0.26 | 56 | MLPs | MFIG vs ATMP | |
| iPath Bloomberg Commodity Index Total Return ETN | -0.15 | -0.15 | -0.15 | 53 | Commodities | MFIG vs DJP | |
| GraniteShares Bloomberg Commodity Broad Strategy N... | -0.15 | -0.15 | -0.15 | 52 | Commodities | MFIG vs COMB | |
| abrdn Bloomberg All Commodity Strategy K-1 Free ET... | -0.14 | -0.14 | -0.14 | 53 | Commodities | MFIG vs BCI |
See all 1077 diversifiers for MFIG
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