Looking to diversify beyond MPLY? The ETFs below have historically moved differently from MPLY, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MPLY
249 ETFs have low correlation with MPLY (below 0.3), 49 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.46 | — | — | 51 | Cryptocurrency | MPLY vs BITI | |
| Invesco DB Energy Fund | -0.27 | — | — | 66 | Oil & Gas | MPLY vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.26 | — | — | 98 | Inflation-Protected Bonds | MPLY vs IBIC | |
| Strive U.S. Energy ETF | -0.25 | — | — | 68 | Energy Equities | MPLY vs DRLL | |
| ProShares Ultra Oil & Gas | -0.23 | -0.19 | -0.19 | 70 | Leveraged Equities | MPLY vs DIG |
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