Looking to diversify beyond MGV? The ETFs below have the lowest correlation with MGV — 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 MGV.
Best Diversifiers for MGV
227 ETFs have low correlation with MGV (below 0.3), 20 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.25, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.25 | -0.08 | -0.04 | 61 | Leveraged Currency | MGV vs YCS | |
| WisdomTree Floating Rate Treasury Fund | -0.13 | -0.04 | -0.03 | 100 | Government Bonds, Ultrashort Bond | MGV vs USFR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.12 | — | — | 98 | Inflation-Protected Bonds | MGV vs IBIC | |
| iShares Enhanced Short-Term Bond Active ETF | -0.09 | — | — | 99 | Ultrashort Bond | MGV vs CSHP | |
| First Trust Alternative Absolute Return Strategy E... | -0.07 | 0.03 | 0.07 | 70 | Commodities | MGV vs FAAR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MGV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MGV and solid risk/return profiles. The least correlated is Petróleo Brasileiro S.A. - Petrobras (PBR) (Energy) with a 1Y correlation of 0.06, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Petróleo Brasileiro S.A. - Petrobras | 0.06 | 0.21 | 0.24 | 73 | Energy | |
| CrowdStrike Holdings, Inc. | 0.07 | 0.21 | 0.25 | 66 | Technology | |
| Palo Alto Networks, Inc. | 0.08 | 0.22 | 0.26 | 69 | Technology | |
| Exxon Mobil Corporation | 0.10 | 0.32 | 0.43 | 68 | Energy | |
| Altria Group, Inc. | 0.10 | 0.28 | 0.38 | 70 | Consumer Defensive |
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Build a portfolio that complements MGV
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