Looking to diversify beyond MVFD? The ETFs below have the lowest correlation with MVFD — 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 MVFD.
Best Diversifiers for MVFD
275 ETFs have low correlation with MVFD (below 0.3), 35 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.24, roughly unchanged from -0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.24 | -0.29 | -0.29 | 52 | Cryptocurrency | MVFD vs BITI | |
| Calvert Ultra-Short Investment Grade ETF | -0.07 | — | — | 99 | Ultrashort Bond | MVFD vs CVSB | |
| DoubleLine Asset-Backed Securities ETF | -0.07 | — | — | 86 | Nontraditional Bonds, Corporate Bonds | MVFD vs DABS | |
| SPDR Bloomberg 3-12 Month T-Bill ETF | -0.06 | — | — | 100 | Ultrashort Bond | MVFD vs BILS | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.06 | — | — | 100 | Government Bonds, Ultrashort Bond | MVFD vs BIL |
See all 1137 diversifiers for MVFD
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