Looking to diversify beyond MFMO? The ETFs below have the lowest correlation with MFMO — 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 MFMO.
Best Diversifiers for MFMO
159 ETFs have low correlation with MFMO (below 0.3), 41 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.43, roughly unchanged from -0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.43 | -0.43 | -0.43 | 71 | Oil & Gas | MFMO vs DBE | |
| United States Brent Oil Fund LP | -0.42 | -0.42 | -0.42 | 65 | Oil & Gas | MFMO vs BNO | |
| Invesco DB Oil Fund | -0.35 | -0.35 | -0.35 | 65 | Oil & Gas | MFMO vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.35 | -0.35 | -0.35 | 98 | Inflation-Protected Bonds | MFMO vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.32 | -0.32 | -0.32 | 72 | Commodities | MFMO vs GSG |
See all 1169 diversifiers for MFMO
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