Looking to diversify beyond MILK? The ETFs below have historically moved differently from MILK, 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 MILK
214 ETFs have low correlation with MILK (below 0.3), 52 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Oil Fund | -0.40 | — | — | 58 | Oil & Gas | MILK vs DBO | |
| United States Brent Oil Fund LP | -0.39 | — | — | 52 | Oil & Gas | MILK vs BNO | |
| Invesco DB Energy Fund | -0.39 | — | — | 72 | Oil & Gas | MILK vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.35 | — | — | 67 | Commodities | MILK vs GSG | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.35 | — | — | 58 | Commodities | MILK vs COMT |
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