The InSIDE assumption may not be satisfied in practice, particularly if the pleiotropic effects of genetic variants on the outcome act via a single confounding variable. There is some evidence for the general plausibility of the InSIDE assumption, as associations of genetic variants with different phenotypic variables have been shown to be largely uncorrelated in an empirical study.55 (link) The Egger regression estimate may have much wider confidence intervals than those from other methods in practice, as it relies on variants having different strengths of association with the risk factor. A situation with many independent genetic variants having identical magnitudes of association with the risk factor and with the outcome would intuitively provide strong evidence of a causal effect; however, the Egger estimate in this case would not be identified.
The Egger regression method gives consistent estimates if all the genetic variants are invalid instruments provided that the InSIDE assumption is satisfied, whereas the penalization and median-based methods rely on over half of the genetic variants being valid instrumental variables for consistent estimation. However, the penalization and median-based methods allow more general departures from the instrumental variable assumptions for the invalid instruments. In practice, it would seem prudent to compare estimates from a range of methods. If all methods provide similar estimates, then a causal effect is more plausible. For example, using genetic variants chosen solely on the basis of their association with the risk factor, a broad range of methods affirmed that LDL-c was a causal risk factor for CAD risk. However, the causal effect of HDLc on CAD risk suggested by a liberal Mendelian randomization analysis using the inverse-variance weighted method (see also31 (link)) was not supported by robust analysis methods.53 (link) The median-based and Egger regression methods have also been shown to have lower Type 1 (false positive) error rates than the inverse-variance weighted method in simulation studies with some invalid instrumental variables for finite sample sizes,46 (link), 53 (link) although they were above the nominal level in the case of directional pleiotropy (for the median method), and when the InSIDE assumption was violated (for the Egger regression method).