Looking to diversify beyond MMLG? The ETFs below have the lowest correlation with MMLG — 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 MMLG.
Best Diversifiers for MMLG
234 ETFs have low correlation with MMLG (below 0.3), 55 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 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.29 | -0.07 | 0.04 | 71 | Oil & Gas | MMLG vs DBE | |
| United States Brent Oil Fund LP | -0.26 | -0.05 | 0.04 | 65 | Oil & Gas | MMLG vs BNO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.24 | -0.07 | -0.07 | 98 | Inflation-Protected Bonds | MMLG vs IBIC | |
| Strive U.S. Energy ETF | -0.23 | 0.01 | 0.14 | 55 | Energy Equities | MMLG vs DRLL | |
| Invesco DB Oil Fund | -0.23 | -0.03 | 0.05 | 65 | Oil & Gas | MMLG vs DBO |
See all 1152 diversifiers for MMLG
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