Looking to diversify beyond MIG? The ETFs below have the lowest correlation with MIG — 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 MIG.
Best Diversifiers for MIG
224 ETFs have low correlation with MIG (below 0.3), 27 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Managed Futures ETF | -0.26 | — | — | 64 | Systematic Trend | MIG vs FFUT | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.25 | -0.07 | — | 50 | Commodities | MIG vs CMDT | |
| First Trust Alternative Absolute Return Strategy E... | -0.25 | -0.10 | -0.09 | 75 | Commodities | MIG vs FAAR | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.22 | — | — | 53 | Commodities | MIG vs CERY | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.21 | -0.05 | -0.02 | 55 | Commodities | MIG vs FTGC |
See all 1054 diversifiers for MIG
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Diversification Analysis
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