Looking to diversify beyond MULL? The ETFs below have historically moved differently from MULL, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MULL
682 ETFs have low correlation with MULL (below 0.3), 164 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.35 | — | — | 51 | Cryptocurrency | MULL vs BITI | |
| iShares U.S. Insurance ETF | -0.31 | — | — | 54 | Financials Equities | MULL vs IAK | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.27 | — | — | 69 | Derivative Income | MULL vs WNTR | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.25 | — | — | 92 | Large Cap Value Equities, Dividend | MULL vs FDL | |
| iShares Core High Dividend ETF | -0.23 | -0.09 | -0.09 | 91 | Dividend, Large Cap Value Equities | MULL vs HDV |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for MULL, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Micron Technology, Inc. | 1.00 | — | — | 99 | Technology |
Build a portfolio that complements MULL
Add MULL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MULL