Looking to diversify beyond MMCA? The ETFs below have the lowest correlation with MMCA — 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 MMCA.
Best Diversifiers for MMCA
762 ETFs have low correlation with MMCA (below 0.3), 40 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.29, down from -0.16 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.29 | -0.16 | — | 53 | Oil & Gas | MMCA vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.23 | -0.12 | -0.07 | 51 | Commodities | MMCA vs GSG | |
| Bastion Energy ETF | -0.21 | — | — | 86 | Energy Equities | MMCA vs BESF | |
| iShares U.S. Energy ETF | -0.20 | -0.05 | -0.04 | 51 | Energy Equities | MMCA vs IYE | |
| Invesco DB Commodity Index Tracking Fund | -0.20 | -0.10 | -0.06 | 54 | Commodities | MMCA vs DBC |
See all 1139 diversifiers for MMCA
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