Looking to balance out your exposure to MRVL? The ETFs below have the lowest correlation with MRVL — they tend to move on their own, which can help reduce risk when MRVL drops. The stock ideas table highlights individual companies that behave independently from MRVL.
Best Diversifiers for MRVL
72 ETFs have low correlation with MRVL (below 0.3), 18 of which are negatively correlated. The least correlated is WisdomTree Floating Rate Treasury Fund (USFR) (Government Bonds) with a 1Y correlation of -0.19, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | -0.19 | -0.06 | -0.04 | 100 | Government Bonds, Ultrashort Bond | MRVL vs USFR | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.15 | -0.05 | 0.01 | 100 | Government Bonds, Ultrashort Bond | MRVL vs BIL | |
| Vanguard Ultra-Short Treasury ETF | -0.13 | — | — | 100 | Ultrashort Bond, Government Bonds | MRVL vs VGUS | |
| iShares 0-3 Month Treasury Bond ETF | -0.13 | -0.03 | -0.01 | 100 | Ultrashort Bond | MRVL vs SGOV | |
| iShares Core High Dividend ETF | -0.11 | 0.02 | 0.21 | 72 | Dividend, Large Cap Value Equities | MRVL vs HDV |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MRVL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MRVL and solid risk/return profiles. The least correlated is Consolidated Edison, Inc. (ED) (Utilities) with a 1Y correlation of -0.33, down from -0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Consolidated Edison, Inc. | -0.33 | -0.24 | -0.12 | 68 | Utilities | |
| Chubb Limited | -0.31 | -0.15 | 0.02 | 83 | Financial Services | |
| Arch Capital Group Ltd. | -0.30 | -0.12 | 0.05 | 65 | Financial Services | |
| The Coca-Cola Company | -0.30 | -0.21 | -0.04 | 82 | Consumer Defensive | |
| Altria Group, Inc. | -0.28 | -0.18 | -0.07 | 79 | Consumer Defensive |
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