Looking to diversify beyond MRGR? The ETFs below have the lowest correlation with MRGR — 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 MRGR.
Best Diversifiers for MRGR
1347 ETFs have low correlation with MRGR (below 0.3), 37 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.15, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.15 | -0.01 | 0.02 | 63 | Leveraged Currency | MRGR vs YCS | |
| Texas Capital Government Money Market ETF | -0.15 | — | — | 100 | Money Market | MRGR vs MMKT | |
| Fidelity Managed Futures ETF | -0.09 | — | — | 64 | Systematic Trend | MRGR vs FFUT | |
| TCW AAA CLO ETF | -0.08 | -0.01 | -0.01 | 99 | CLO | MRGR vs ACLO | |
| Invesco Variable Rate Investment Grade ETF | -0.08 | 0.04 | 0.08 | 99 | Ultrashort Bond | MRGR vs VRIG |
See all 1449 diversifiers for MRGR
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Diversification Analysis
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