Looking to diversify beyond MDYG? The ETFs below have the lowest correlation with MDYG — 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 MDYG.
Best Diversifiers for MDYG
194 ETFs have low correlation with MDYG (below 0.3), 27 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | — | — | 98 | Inflation-Protected Bonds | MDYG vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.17 | -0.05 | -0.04 | 100 | Government Bonds, Ultrashort Bond | MDYG vs USFR | |
| ProShares UltraShort Yen | -0.16 | -0.05 | -0.03 | 61 | Leveraged Currency | MDYG vs YCS | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.16 | 0.02 | 0.02 | 95 | Inflation-Protected Bonds | MDYG vs IBID | |
| iShares Enhanced Short-Term Bond Active ETF | -0.13 | — | — | 99 | Ultrashort Bond | MDYG vs CSHP |
See all 1563 diversifiers for MDYG
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Diversification Analysis
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