Looking to diversify beyond MDYV? The ETFs below have the lowest correlation with MDYV — 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 MDYV.
Best Diversifiers for MDYV
215 ETFs have low correlation with MDYV (below 0.3), 27 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.32 | — | — | 62 | Inverse Equities, Leveraged Equities | MDYV vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.28 | — | — | 63 | Derivative Income | MDYV vs WNTR | |
| United States Gasoline Fund LP | -0.18 | -0.03 | 0.11 | 69 | Oil & Gas | MDYV vs UGA | |
| ProShares UltraShort Yen | -0.18 | -0.08 | -0.03 | 73 | Leveraged Currency | MDYV vs YCS | |
| WisdomTree Floating Rate Treasury Fund | -0.13 | -0.03 | -0.02 | 100 | Government Bonds, Ultrashort Bond | MDYV vs USFR |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MDYV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MDYV and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.32, down from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.32 | 0.35 | 0.47 | 83 | Technology |
Build a portfolio that complements MDYV
Add MDYV to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MDYV