Looking to diversify beyond MUNY? The ETFs below have the lowest correlation with MUNY — 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 MUNY.
Best Diversifiers for MUNY
793 ETFs have low correlation with MUNY (below 0.3), 51 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.26 | — | — | 57 | Oil & Gas | MUNY vs DBE | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.23 | — | — | 52 | Commodities | MUNY vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.23 | — | — | 54 | Commodities | MUNY vs GSG | |
| Invesco DB Commodity Index Tracking Fund | -0.22 | — | — | 56 | Commodities | MUNY vs DBC | |
| DoubleLine Commodity Strategy ETF | -0.22 | — | — | 52 | Commodities | MUNY vs DCMT |
See all 1161 diversifiers for MUNY
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Diversification Analysis
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