Looking to diversify beyond MDLV? The ETFs below have historically moved differently from MDLV, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MDLV
676 ETFs have low correlation with MDLV (below 0.3), 16 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.17, roughly unchanged from -0.15 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.17 | -0.15 | — | 51 | Cryptocurrency | MDLV vs BITI | |
| iShares Enhanced Short-Term Bond Active ETF | -0.06 | — | — | 98 | Ultrashort Bond | MDLV vs CSHP | |
| TCW AAA CLO ETF | -0.06 | — | — | 99 | CLO | MDLV vs ACLO | |
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | -0.05 | -0.00 | — | 89 | Nontraditional Bonds | MDLV vs AGZD | |
| Invesco BulletShares 2026 Corporate Bond ETF | -0.04 | 0.09 | 0.08 | 99 | Corporate Bonds | MDLV vs BSCQ |
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