I've been in the Industrial Acoustics field for almost 20 years and in my experience the best product for low frequency attenuation is Rockwool.
Fiberwool would be the next one, foam being the least effective among these three but does work once the density is suitably high.
I've treated my room accordingly and the sound is absolutely fantastic.
I will add some pictures of the back wall, to my virtual system, to try and show what I'm talking about.
Wooden diffusers have also been used to a great effect.
I don't think MLV would help in taming low frequencies
I'm not an engineer, just someone who's in the business of manufacturing Sound Attenuated Enclosures.
Apologies if I came across as condescending, just that I'm not used to writing here, prefer reading.
-S