Looking to diversify beyond MIGO? The ETFs below have the lowest correlation with MIGO — 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 MIGO.
Best Diversifiers for MIGO
0 ETFs have low correlation with MIGO (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab Fundamental U.S. Large Company Index ETF (FNDX) (Large Cap Value Equities) with a 1Y correlation of 0.69, roughly unchanged from 0.69 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab Fundamental U.S. Large Company Index ETF | 0.69 | 0.69 | 0.69 | 90 | Large Cap Value Equities | MIGO vs FNDX | |
| Invesco RAFI Strategic US ETF | 0.81 | 0.81 | 0.81 | 90 | Large Cap Blend Equities | MIGO vs IUS |
Diversification Analysis
Build a portfolio that complements MIGO
Add MIGO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MIGO