Looking to diversify beyond MMIT? The ETFs below have the lowest correlation with MMIT — 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 MMIT.
Best Diversifiers for MMIT
944 ETFs have low correlation with MMIT (below 0.3), 51 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.22, down from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.22 | -0.13 | -0.08 | 53 | Oil & Gas | MMIT vs DBE | |
| Bastion Energy ETF | -0.21 | — | — | 87 | Energy Equities | MMIT vs BESF | |
| VanEck Energy Income ETF | -0.19 | 0.04 | 0.03 | 81 | Energy Equities | MMIT vs EINC | |
| Alerian Energy Infrastructure ETF | -0.19 | 0.03 | 0.03 | 77 | Energy Equities | MMIT vs ENFR | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.19 | -0.09 | -0.04 | 55 | Commodities | MMIT vs PDBC |
See all 1133 diversifiers for MMIT
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