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
736 ETFs have low correlation with MTGP (below 0.3), 33 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Managed Futures ETF | -0.29 | — | — | 64 | Systematic Trend | MTGP vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.27 | -0.09 | -0.04 | 70 | Commodities | MTGP vs FAAR | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.25 | — | — | 50 | Commodities | MTGP vs CERY | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.24 | -0.08 | -0.05 | 53 | Commodities | MTGP vs FTGC | |
| Direxion Auspice Broad Commodity Strategy ETF | -0.21 | -0.05 | 0.01 | 54 | Commodities | MTGP vs COM |
See all 1130 diversifiers for MTGP
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements MTGP
Add MTGP to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MTGP