Looking to diversify beyond MVRL? The ETFs below have the lowest correlation with MVRL — 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 MVRL.
Best Diversifiers for MVRL
438 ETFs have low correlation with MVRL (below 0.3), 21 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.35, down from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.35 | -0.20 | -0.14 | 61 | Leveraged Currency | MVRL vs YCS | |
| Breakwave Tanker Shipping ETF | -0.12 | -0.01 | — | 98 | Commodities | MVRL vs BWET | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.11 | — | — | 98 | Inflation-Protected Bonds | MVRL vs IBIC | |
| iShares Enhanced Short-Term Bond Active ETF | -0.11 | -0.04 | -0.04 | 99 | Ultrashort Bond | MVRL vs CSHP | |
| VanEck Commodity Strategy ETF | -0.10 | 0.02 | — | 55 | Commodities | MVRL vs PIT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MVRL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MVRL and solid risk/return profiles. The least correlated is Lumentum Holdings Inc. (LITE) (Technology) with a 1Y correlation of 0.00, down from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Lumentum Holdings Inc. | 0.00 | 0.23 | 0.32 | 99 | Technology | |
| Equinix, Inc. | 0.20 | 0.33 | 0.39 | 71 | Real Estate |
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