Looking to diversify beyond MVAL? The ETFs below have historically moved differently from MVAL, 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 MVAL
243 ETFs have low correlation with MVAL (below 0.3), 44 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.34 | — | — | 72 | Oil & Gas | MVAL vs DBE | |
| Invesco DB Oil Fund | -0.31 | — | — | 58 | Oil & Gas | MVAL vs DBO | |
| United States Brent Oil Fund LP | -0.31 | — | — | 52 | Oil & Gas | MVAL vs BNO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.27 | — | — | 67 | Commodities | MVAL vs GSG | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.26 | — | — | 58 | Commodities | MVAL vs COMT |
See all 1271 diversifiers for MVAL
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