Looking to diversify beyond MYCG? The ETFs below have the lowest correlation with MYCG — 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 MYCG.
Best Diversifiers for MYCG
747 ETFs have low correlation with MYCG (below 0.3), 22 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Managed Futures ETF | -0.30 | — | — | 64 | Systematic Trend | MYCG vs FFUT | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.18 | -0.08 | -0.08 | 50 | Commodities | MYCG vs CMDT | |
| First Trust Alternative Absolute Return Strategy E... | -0.16 | -0.10 | -0.10 | 75 | Commodities | MYCG vs FAAR | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.14 | -0.05 | -0.05 | 55 | Commodities | MYCG vs FTGC | |
| TCW AAA CLO ETF | -0.14 | -0.06 | -0.06 | 99 | CLO | MYCG vs ACLO |
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