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
981 ETFs have low correlation with MMIT (below 0.3), 31 of which are negatively correlated. The least correlated is Bastion Energy ETF (BESF) (Energy Equities) with a 1Y correlation of -0.22, roughly unchanged from -0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Bastion Energy ETF | -0.22 | -0.22 | -0.22 | 75 | Energy Equities | MMIT vs BESF | |
| Alerian Energy Infrastructure ETF | -0.20 | 0.04 | 0.03 | 50 | Energy Equities | MMIT vs ENFR | |
| VanEck Energy Income ETF | -0.19 | 0.05 | 0.03 | 57 | Energy Equities | MMIT vs EINC | |
| iShares Enhanced Short-Term Bond Active ETF | -0.15 | — | — | 99 | Ultrashort Bond | MMIT vs CSHP | |
| FT Energy Income Partners Enhanced Income ETF | -0.14 | — | — | 67 | Derivative Income | MMIT vs EIPI |
See all 1141 diversifiers for MMIT
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