Looking to diversify beyond MDLV? The ETFs below have the lowest correlation with MDLV — 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 MDLV.
Best Diversifiers for MDLV
492 ETFs have low correlation with MDLV (below 0.3), 11 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.22, roughly unchanged from -0.17 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.22 | -0.17 | — | 53 | Cryptocurrency | MDLV vs BITI | |
| TCW AAA CLO ETF | -0.04 | — | — | 99 | CLO | MDLV vs ACLO | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.04 | -0.04 | — | 100 | Government Bonds, Ultrashort Bond | MDLV vs BIL | |
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | -0.03 | 0.00 | — | 88 | Nontraditional Bonds | MDLV vs AGZD | |
| Brookmont Catastrophic Bond ETF | -0.03 | — | — | 97 | Nontraditional Bonds | MDLV vs ILS |
See all 1171 diversifiers for MDLV
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