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
724 ETFs have low correlation with MDPL (below 0.3), 27 of which are negatively correlated. The least correlated is iShares A.I. Innovation and Tech Active ETF (BAI) (Technology Equities) with a 1Y correlation of -0.10, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares A.I. Innovation and Tech Active ETF | -0.10 | 0.02 | 0.02 | 68 | Technology Equities | MDPL vs BAI | |
| Leverage Shares 2X Long AMD Daily ETF | -0.08 | 0.03 | 0.03 | 96 | Leveraged Equities | MDPL vs AMDG | |
| Roundhill Generative AI & Technology ETF | -0.08 | 0.11 | 0.11 | 88 | Technology Equities | MDPL vs CHAT | |
| GraniteShares 2x Long AMD Daily ETF | -0.08 | 0.11 | 0.11 | 96 | Leveraged Equities | MDPL vs AMDL | |
| VistaShares Artificial Intelligence Supercycle ETF | -0.08 | 0.05 | 0.05 | 96 | Technology Equities | MDPL vs AIS |
See all 1117 diversifiers for MDPL
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