Looking to diversify beyond MTGP? The ETFs below have the lowest correlation with MTGP — 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 MTGP.
Best Diversifiers for MTGP
657 ETFs have low correlation with MTGP (below 0.3), 43 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Managed Futures ETF | -0.32 | — | — | 66 | Systematic Trend | MTGP vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.28 | -0.09 | -0.04 | 67 | Commodities | MTGP vs FAAR | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.27 | -0.10 | — | 65 | Commodities | MTGP vs CMDT | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.27 | — | — | 67 | Commodities | MTGP vs CERY | |
| iShares Bloomberg Roll Select Commodity Strategy E... | -0.26 | -0.08 | -0.04 | 52 | Commodities | MTGP vs CMDY |
See all 1114 diversifiers for MTGP
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Diversification Analysis
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