Looking to diversify beyond MRAL? The ETFs below have the lowest correlation with MRAL — 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 MRAL.
Best Diversifiers for MRAL
363 ETFs have low correlation with MRAL (below 0.3), 20 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.64, roughly unchanged from -0.66 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.64 | -0.66 | -0.66 | 57 | Cryptocurrency | MRAL vs BITI | |
| Brookstone Ultra-Short Bond ETF | -0.13 | — | — | 99 | Ultrashort Bond | MRAL vs BAMU | |
| Brookmont Catastrophic Bond ETF | -0.07 | — | — | 97 | Nontraditional Bonds | MRAL vs ILS | |
| Breakwave Tanker Shipping ETF | -0.06 | — | — | 99 | Commodities | MRAL vs BWET | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.06 | — | — | 96 | Inflation-Protected Bonds | MRAL vs IBID |
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