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
76 ETFs have low correlation with MRVL (below 0.3), 11 of which are negatively correlated. The least correlated is WisdomTree Floating Rate Treasury Fund (USFR) (Government Bonds) with a 1Y correlation of -0.14, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | -0.14 | -0.05 | -0.03 | 100 | Government Bonds, Ultrashort Bond | MRVL vs USFR | |
| iShares 0-3 Month Treasury Bond ETF | -0.12 | -0.02 | -0.01 | 100 | Ultrashort Bond | MRVL vs SGOV | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.09 | -0.03 | 0.03 | 93 | Inflation-Protected Bonds | MRVL vs VTIP | |
| iShares 0-5 Year TIPS Bond ETF | -0.07 | -0.01 | 0.03 | 93 | Inflation-Protected Bonds | MRVL vs STIP | |
| United States Oil Fund LP | -0.06 | 0.03 | 0.09 | 66 | Oil & Gas | MRVL vs USO |
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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 Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.24, down from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.24 | -0.15 | -0.06 | 69 | Consumer Defensive | |
| Chubb Limited | -0.20 | -0.10 | 0.03 | 51 | Financial Services | |
| Verizon Communications Inc. | -0.19 | -0.15 | -0.06 | 59 | Communication Services | |
| The Coca-Cola Company | -0.19 | -0.17 | -0.01 | 66 | Consumer Defensive | |
| Murphy USA Inc. | -0.18 | -0.00 | 0.06 | 62 | Consumer Cyclical |
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