Looking to diversify beyond MPL? The ETFs below have the lowest correlation with MPL — 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 MPL.
Best Diversifiers for MPL
0 ETFs have low correlation with MPL (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GraniteShares 2x Long INTC Daily ETF | 0.44 | — | — | 96 | Leveraged Equities | MPL vs INTW | |
| Leverage Shares 2X Long ASML Daily ETF | 0.48 | 0.48 | 0.48 | 92 | Leveraged Equities | MPL vs ASMG | |
| Defiance Large Cap ex-Mag 7 ETF | 0.51 | 0.51 | 0.51 | 69 | Large Cap Blend Equities | MPL vs XMAG | |
| GraniteShares 2x Long MRVL Daily ETF | 0.57 | 0.57 | 0.57 | 68 | Leveraged Equities | MPL vs MVLL | |
| Leverage Shares 2X Long TSM Daily ETF | 0.60 | 0.60 | 0.60 | 66 | Leveraged Equities | MPL vs TSMG |
See all 6 diversifiers for MPL
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