Looking to diversify beyond MOTG? The ETFs below have the lowest correlation with MOTG — 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 MOTG.
Best Diversifiers for MOTG
224 ETFs have low correlation with MOTG (below 0.3), 60 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.32, down from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.32 | -0.19 | -0.14 | 61 | Leveraged Currency | MOTG vs YCS | |
| Invesco DB Energy Fund | -0.32 | -0.08 | 0.07 | 71 | Oil & Gas | MOTG vs DBE | |
| United States Brent Oil Fund LP | -0.32 | -0.09 | 0.06 | 65 | Oil & Gas | MOTG vs BNO | |
| United States Oil Fund LP | -0.32 | -0.08 | 0.07 | 66 | Oil & Gas | MOTG vs USO | |
| United States Gasoline Fund LP | -0.30 | -0.08 | 0.05 | 69 | Oil & Gas | MOTG vs UGA |
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