Looking to diversify beyond MYLD? The ETFs below have the lowest correlation with MYLD — 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 MYLD.
Best Diversifiers for MYLD
237 ETFs have low correlation with MYLD (below 0.3), 33 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.23, roughly unchanged from -0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.23 | -0.31 | -0.31 | 57 | Cryptocurrency | MYLD vs BITI | |
| Invesco DB Energy Fund | -0.20 | — | — | 53 | Oil & Gas | MYLD vs DBE | |
| iShares Enhanced Short-Term Bond Active ETF | -0.17 | — | — | 99 | Ultrashort Bond | MYLD vs CSHP | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | — | — | 98 | Inflation-Protected Bonds | MYLD vs IBIC | |
| Invesco DB Commodity Index Tracking Fund | -0.14 | 0.06 | 0.06 | 54 | Commodities | MYLD vs DBC |
See all 1130 diversifiers for MYLD
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