Looking to diversify beyond MFSM? The ETFs below have historically moved differently from MFSM, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MFSM
510 ETFs have low correlation with MFSM (below 0.3), 60 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Oil Fund | -0.38 | — | — | 58 | Oil & Gas | MFSM vs DBO | |
| Invesco DB Energy Fund | -0.38 | — | — | 72 | Oil & Gas | MFSM vs DBE | |
| United States Brent Oil Fund LP | -0.37 | — | — | 52 | Oil & Gas | MFSM vs BNO | |
| Invesco DB Commodity Index Tracking Fund | -0.33 | — | — | 71 | Commodities | MFSM vs DBC | |
| iShares U.S. Oil & Gas Exploration & Production ET... | -0.33 | — | — | 67 | Energy Equities | MFSM vs IEO |
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