Looking to balance out your exposure to MMI? The ETFs below have the lowest correlation with MMI — they tend to move on their own, which can help reduce risk when MMI drops. The stock ideas table highlights individual companies that behave independently from MMI.
Best Diversifiers for MMI
0 ETFs have low correlation with MMI (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.37, down from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.37 | 0.46 | 0.53 | 70 | S&P 500 | MMI vs VOO |
Diversification Analysis
Build a portfolio that complements MMI
Add MMI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MMI