Looking to diversify beyond MMAX? The ETFs below have the lowest correlation with MMAX — 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 MMAX.
Best Diversifiers for MMAX
197 ETFs have low correlation with MMAX (below 0.3), 14 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Simplify Currency Strategy ETF | -0.14 | — | — | 68 | Leveraged Currency | MMAX vs FOXY | |
| iShares Enhanced Short-Term Bond Active ETF | -0.08 | — | — | 99 | Ultrashort Bond | MMAX vs CSHP | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.07 | — | — | 98 | Inflation-Protected Bonds | MMAX vs IBIC | |
| First Trust Alternative Absolute Return Strategy E... | -0.06 | — | — | 70 | Commodities | MMAX vs FAAR | |
| Breakwave Dry Bulk Shipping ETF | -0.05 | -0.05 | -0.05 | 73 | Commodities | MMAX vs BDRY |
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