Looking to balance out your exposure to MIMI? The ETFs below have historically moved differently from MIMI, 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.
No Diversifiers Found for MIMI
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for MIMI, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Aura Minerals Inc. Common Shares | 0.05 | — | — | 85 | Basic Materials | |
| Energy Transfer LP | 0.05 | — | — | 81 | Energy | |
| First Majestic Silver Corp. | 0.06 | — | — | 76 | Basic Materials | |
| Sandisk Corporation | 0.07 | 0.04 | — | 100 | Technology | |
| Canadian Pacific Kansas City Limited | 0.08 | — | — | 73 | Industrials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements MIMI
Add MIMI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MIMI