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
542 ETFs have low correlation with MDIV (below 0.3), 24 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.28, down from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.28 | -0.20 | -0.14 | 63 | Leveraged Currency | MDIV vs YCS | |
| WisdomTree Floating Rate Treasury Fund | -0.12 | 0.01 | -0.00 | 100 | Government Bonds, Ultrashort Bond | MDIV vs USFR | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.11 | -0.09 | -0.09 | 100 | Ultrashort Bond | MDIV vs VBIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.09 | -0.01 | -0.02 | 100 | Ultrashort Bond | MDIV vs SGOV | |
| iShares Enhanced Short-Term Bond Active ETF | -0.09 | — | — | 99 | Ultrashort Bond | MDIV vs CSHP |
See all 1461 diversifiers for MDIV
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