Looking to diversify beyond MGMT? The ETFs below have the lowest correlation with MGMT — 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 MGMT.
Best Diversifiers for MGMT
166 ETFs have low correlation with MGMT (below 0.3), 15 of which are negatively correlated. The least correlated is iShares iBonds Oct 2026 Term TIPS ETF (IBIC) (Inflation-Protected Bonds) with a 1Y correlation of -0.18, down from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | -0.02 | -0.02 | 98 | Inflation-Protected Bonds | MGMT vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.10 | 0.03 | 0.03 | 95 | Inflation-Protected Bonds | MGMT vs IBID | |
| iShares Diversified Commodity Swap UCITS ETF | -0.10 | -0.01 | -0.03 | 77 | Commodities | MGMT vs ISCMF | |
| iShares Enhanced Short-Term Bond Active ETF | -0.10 | 0.01 | 0.01 | 99 | Ultrashort Bond | MGMT vs CSHP | |
| TCW AAA CLO ETF | -0.08 | 0.04 | 0.04 | 99 | CLO | MGMT vs ACLO |
See all 1139 diversifiers for MGMT
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Diversification Analysis
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