Looking to diversify beyond MKAM? The ETFs below have the lowest correlation with MKAM — 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 MKAM.
Best Diversifiers for MKAM
187 ETFs have low correlation with MKAM (below 0.3), 28 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.46, down from -0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.46 | -0.34 | -0.33 | 57 | Cryptocurrency | MKAM vs BITI | |
| Invesco DB Energy Fund | -0.26 | -0.10 | — | 53 | Oil & Gas | MKAM vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | MKAM vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.14 | -0.01 | — | 51 | Commodities | MKAM vs GSG | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.14 | — | — | 96 | Inflation-Protected Bonds | MKAM vs IBID |
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