Looking to diversify beyond MFSI? The ETFs below have the lowest correlation with MFSI — 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 MFSI.
Best Diversifiers for MFSI
117 ETFs have low correlation with MFSI (below 0.3), 35 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.41, roughly unchanged from -0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.41 | -0.39 | -0.39 | 53 | Cryptocurrency | MFSI vs BITI | |
| Invesco DB Energy Fund | -0.33 | — | — | 57 | Oil & Gas | MFSI vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | MFSI vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.19 | — | — | 56 | Commodities | MFSI vs GSG | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.19 | — | — | 52 | Commodities | MFSI vs COMT |
See all 1138 diversifiers for MFSI
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