Looking to diversify beyond MYCF? The ETFs below have historically moved differently from MYCF, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MYCF
1234 ETFs have low correlation with MYCF (below 0.3), 69 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Auspice Broad Commodity Strategy ETF | -0.19 | — | — | 88 | Commodities | MYCF vs COM | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.19 | -0.02 | -0.02 | 86 | Commodities | MYCF vs FTGC | |
| Invesco DB Oil Fund | -0.18 | -0.11 | -0.11 | 51 | Oil & Gas | MYCF vs DBO | |
| ProShares Ultra Energy | -0.18 | — | — | 70 | Leveraged Equities | MYCF vs DIG | |
| GraniteShares Bloomberg Commodity Broad Strategy N... | -0.17 | — | — | 71 | Commodities | MYCF vs COMB |
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