Looking to diversify beyond MPLY? The ETFs below have the lowest correlation with MPLY — 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 MPLY.
Best Diversifiers for MPLY
221 ETFs have low correlation with MPLY (below 0.3), 41 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.45, roughly unchanged from -0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.45 | -0.46 | -0.46 | 57 | Cryptocurrency | MPLY vs BITI | |
| Invesco DB Energy Fund | -0.25 | — | — | 53 | Oil & Gas | MPLY vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.25 | — | — | 98 | Inflation-Protected Bonds | MPLY vs IBIC | |
| Brookstone Ultra-Short Bond ETF | -0.19 | — | — | 99 | Ultrashort Bond | MPLY vs BAMU | |
| iShares U.S. Energy ETF | -0.19 | -0.16 | -0.16 | 51 | Energy Equities | MPLY vs IYE |
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