Looking to diversify beyond MIDE? The ETFs below have the lowest correlation with MIDE — 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 MIDE.
Best Diversifiers for MIDE
160 ETFs have low correlation with MIDE (below 0.3), 31 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.37, roughly unchanged from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.37 | -0.34 | -0.37 | 57 | Cryptocurrency | MIDE vs BITI | |
| Invesco DB Energy Fund | -0.26 | -0.05 | 0.12 | 53 | Oil & Gas | MIDE vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.16 | 0.03 | 0.17 | 51 | Commodities | MIDE vs GSG | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | — | — | 98 | Inflation-Protected Bonds | MIDE vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.14 | — | — | 96 | Inflation-Protected Bonds | MIDE vs IBID |
See all 1134 diversifiers for MIDE
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