Looking to diversify beyond MGNR? The ETFs below have historically moved differently from MGNR, 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 MGNR
265 ETFs have low correlation with MGNR (below 0.3), 18 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.39 | — | — | 61 | Cryptocurrency | MGNR vs BITI | |
| Alpha Architect Tail Risk ETF | -0.19 | — | — | 56 | Options Trading | MGNR vs CAOS | |
| iShares U.S. Insurance ETF | -0.14 | — | — | 53 | Financials Equities | MGNR vs IAK | |
| TCW AAA CLO ETF | -0.08 | — | — | 99 | CLO | MGNR vs ACLO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.08 | — | — | 98 | Inflation-Protected Bonds | MGNR vs IBIC |
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