Looking to diversify beyond MMMA? The ETFs below have the lowest correlation with MMMA — 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 MMMA.
Best Diversifiers for MMMA
0 ETFs have low correlation with MMMA (below 0.3), 0 of which are negatively correlated. The least correlated is Mairs & Power Minnesota Municipal Bond ETF (MINN) (Municipal Bonds) with a 1Y correlation of 0.47, roughly unchanged from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Mairs & Power Minnesota Municipal Bond ETF | 0.47 | 0.47 | 0.47 | 51 | Municipal Bonds | MMMA vs MINN | |
| Eaton Vance Short Duration Municipal Income ETF | 0.56 | 0.56 | 0.56 | 88 | Municipal Bonds | MMMA vs EVSM | |
| First Trust California Municipal High Income ETF | 0.64 | 0.64 | 0.64 | 81 | Municipal Bonds | MMMA vs FCAL | |
| Macquarie Tax-Free USA Short Term ETF | 0.66 | — | — | 88 | Municipal Bonds | MMMA vs STAX | |
| BlackRock Intermediate Muni Income Bond ETF | 0.68 | 0.68 | 0.68 | 81 | Municipal Bonds | MMMA vs INMU |
See all 11 diversifiers for MMMA
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements MMMA
Add MMMA to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MMMA