Looking to diversify beyond AMDL? The ETFs below have the lowest correlation with AMDL — 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 AMDL.
Best Diversifiers for AMDL
590 ETFs have low correlation with AMDL (below 0.3), 88 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2027 Term TIPS ETF | -0.19 | — | — | 95 | Inflation-Protected Bonds | AMDL vs IBID | |
| F/m US Treasury 3 Month Bill ETF | -0.17 | — | — | 100 | Ultrashort Bond | AMDL vs TBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | — | — | 98 | Inflation-Protected Bonds | AMDL vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.14 | — | — | 100 | Government Bonds, Ultrashort Bond | AMDL vs USFR | |
| iShares 0-3 Month Treasury Bond ETF | -0.12 | — | — | 100 | Ultrashort Bond | AMDL vs SGOV |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AMDL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AMDL and solid risk/return profiles. The least correlated is Coca-Cola Consolidated, Inc. (COKE) (Consumer Defensive) with a 1Y correlation of -0.16, down from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Coca-Cola Consolidated, Inc. | -0.16 | -0.05 | -0.05 | 84 | Consumer Defensive | |
| Eli Lilly and Company | 0.07 | 0.15 | 0.15 | 75 | Healthcare | |
| Palo Alto Networks, Inc. | 0.10 | 0.22 | 0.22 | 69 | Technology | |
| American Express Company | 0.12 | 0.20 | 0.20 | 56 | Financial Services | |
| Etsy, Inc. | 0.17 | — | — | 58 | Consumer Cyclical |
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