Looking to diversify beyond MMID? The ETFs below have the lowest correlation with MMID — 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 MMID.
Best Diversifiers for MMID
0 ETFs have low correlation with MMID (below 0.3), 0 of which are negatively correlated. The least correlated is iShares MSCI Peru ETF (EPU) (Mid Cap Blend Equities) with a 1Y correlation of 0.45, roughly unchanged from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI Peru ETF | 0.45 | 0.45 | 0.45 | 76 | Mid Cap Blend Equities | MMID vs EPU | |
| Invesco S&P Spin-Off ETF | 0.64 | 0.64 | 0.64 | 91 | Mid Cap Blend Equities | MMID vs CSD | |
| Inspire Fidelis Multi Factor ETF | 0.72 | 0.72 | 0.72 | 71 | Mid Cap Blend Equities | MMID vs FDLS | |
| iShares Core S&P Mid-Cap ETF | 0.77 | 0.77 | 0.77 | 52 | Mid Cap Blend Equities | MMID vs IJH | |
| Vanguard Extended Market ETF | 0.77 | 0.77 | 0.77 | 51 | Mid Cap Blend Equities | MMID vs VXF |
See all 7 diversifiers for MMID
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