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
816 ETFs have low correlation with MUNY (below 0.3), 30 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Bastion Energy ETF | -0.21 | — | — | 81 | Energy Equities | MUNY vs BESF | |
| Alerian Energy Infrastructure ETF | -0.17 | — | — | 55 | Energy Equities | MUNY vs ENFR | |
| Fidelity Managed Futures ETF | -0.16 | — | — | 60 | Systematic Trend | MUNY vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.16 | -0.15 | -0.15 | 77 | Commodities | MUNY vs FAAR | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.15 | — | — | 58 | Commodities | MUNY vs FTGC |
See all 1072 diversifiers for MUNY
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Diversification Analysis
Build a portfolio that complements MUNY
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