Looking to diversify beyond MDPL? The ETFs below have the lowest correlation with MDPL — 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 MDPL.
Best Diversifiers for MDPL
547 ETFs have low correlation with MDPL (below 0.3), 11 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Breakwave Tanker Shipping ETF | -0.06 | — | — | 98 | Commodities | MDPL vs BWET | |
| iShares iBonds Dec 2026 Term Muni Bond ETF | -0.04 | — | — | 86 | Municipal Bonds | MDPL vs IBMO | |
| YieldMax AMD Option Income Strategy ETF | -0.03 | — | — | 92 | Derivative Income, Options Trading | MDPL vs AMDY | |
| Direxion Daily AMD Bull 2X Shares | -0.03 | — | — | 95 | Leveraged Equities | MDPL vs AMUU | |
| Franklin Liberty Systematic Style Premia ETF | -0.02 | — | — | 60 | Long-Short | MDPL vs FLSP |
See all 1133 diversifiers for MDPL
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Diversification Analysis
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