Looking to diversify beyond AMDG? The ETFs below have the lowest correlation with AMDG — 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 AMDG.
Best Diversifiers for AMDG
665 ETFs have low correlation with AMDG (below 0.3), 117 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.41, roughly unchanged from -0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.41 | -0.43 | -0.43 | 53 | Cryptocurrency | AMDG vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.36 | — | — | 56 | Inverse Equities | AMDG vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.36 | — | — | 65 | Inverse Equities, Leveraged Equities | AMDG vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.35 | — | — | 70 | Derivative Income | AMDG vs WNTR | |
| F/m US Treasury 3 Month Bill ETF | -0.19 | — | — | 100 | Ultrashort Bond | AMDG vs TBIL |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AMDG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AMDG and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Johnson & Johnson | -0.17 | — | — | 97 | Healthcare | |
| Eli Lilly and Company | 0.02 | — | — | 78 | Healthcare | |
| Apple Inc | 0.20 | 0.27 | 0.27 | 91 | Technology | |
| AST SpaceMobile, Inc. | 0.33 | 0.35 | 0.35 | 63 | Technology | |
| Rocket Lab USA, Inc. | 0.35 | — | — | 74 | Industrials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements AMDG
Add AMDG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AMDG