Looking to diversify beyond MMSD? The ETFs below have historically moved differently from MMSD, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MMSD
921 ETFs have low correlation with MMSD (below 0.3), 62 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.30 | — | — | 66 | Oil & Gas | MMSD vs DBE | |
| Invesco DB Oil Fund | -0.27 | — | — | 51 | Oil & Gas | MMSD vs DBO | |
| Invesco DB Commodity Index Tracking Fund | -0.27 | -0.25 | -0.25 | 68 | Commodities | MMSD vs DBC | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.26 | — | — | 56 | Commodities | MMSD vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.26 | — | — | 61 | Commodities | MMSD vs GSG |
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