Looking to diversify beyond MRCP? The ETFs below have the lowest correlation with MRCP — 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 MRCP.
Best Diversifiers for MRCP
180 ETFs have low correlation with MRCP (below 0.3), 29 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 -0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.45 | -0.39 | -0.39 | 57 | Cryptocurrency | MRCP vs BITI | |
| Invesco DB Energy Fund | -0.25 | — | — | 53 | Oil & Gas | MRCP vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | MRCP vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.15 | -0.00 | -0.00 | 51 | Commodities | MRCP vs GSG | |
| Brookstone Ultra-Short Bond ETF | -0.15 | — | — | 99 | Ultrashort Bond | MRCP vs BAMU |
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