Looking to diversify beyond MDIV? The ETFs below have the lowest correlation with MDIV — 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 MDIV.
Best Diversifiers for MDIV
611 ETFs have low correlation with MDIV (below 0.3), 28 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.27, roughly unchanged from -0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.27 | -0.26 | -0.32 | 51 | Currency | MDIV vs UUP | |
| ProShares UltraShort Yen | -0.26 | -0.19 | -0.15 | 72 | Leveraged Currency | MDIV vs YCS | |
| ProShares Short Bitcoin ETF | -0.20 | -0.23 | -0.26 | 57 | Cryptocurrency | MDIV vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.20 | -0.25 | -0.25 | 52 | Cryptocurrency, Leveraged Cryptocurrency | MDIV vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.19 | -0.20 | -0.20 | 68 | Inverse Equities, Leveraged Equities | MDIV vs MSTZ |
See all 1555 diversifiers for MDIV
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Diversification Analysis
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