Looking to diversify beyond MINY? The ETFs below have the lowest correlation with MINY — 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 MINY.
Best Diversifiers for MINY
3 ETFs have low correlation with MINY (below 0.3), 1 of which are negatively correlated. The least correlated is FT Energy Income Partners Enhanced Income ETF (EIPI) (Derivative Income) with a 1Y correlation of -0.14, roughly unchanged from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| FT Energy Income Partners Enhanced Income ETF | -0.14 | -0.14 | -0.14 | 79 | Derivative Income | MINY vs EIPI | |
| Simplify Treasury Option Income ETF | 0.13 | 0.13 | 0.13 | 84 | Government Bonds, Ultrashort Bond, Derivative Income | MINY vs BUCK | |
| VistaShares Target 15™ Berkshire Select Income ETF | 0.24 | 0.24 | 0.24 | 56 | Derivative Income | MINY vs OMAH | |
| FT Vest High Yield & Target Income ETF | 0.57 | — | — | 58 | Derivative Income | MINY vs HYTI | |
| Invesco QQQ Income Advantage ETF | 0.72 | 0.72 | 0.72 | 61 | Derivative Income | MINY vs QQA |
See all 7 diversifiers for MINY
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