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
194 ETFs have low correlation with MKAM (below 0.3), 39 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.30, down from -0.09 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.30 | -0.09 | — | 71 | Oil & Gas | MKAM vs DBE | |
| United States Brent Oil Fund LP | -0.28 | -0.07 | — | 65 | Oil & Gas | MKAM vs BNO | |
| Invesco DB Oil Fund | -0.26 | -0.06 | -0.04 | 65 | Oil & Gas | MKAM vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | -0.01 | -0.01 | 98 | Inflation-Protected Bonds | MKAM vs IBIC | |
| iShares Commodities Select Strategy ETF | -0.19 | -0.00 | — | 72 | Commodities | MKAM vs COMT |
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