Looking to diversify beyond AMDY? The ETFs below have the lowest correlation with AMDY — 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 AMDY.
Best Diversifiers for AMDY
591 ETFs have low correlation with AMDY (below 0.3), 101 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m US Treasury 3 Month Bill ETF | -0.18 | — | — | 100 | Ultrashort Bond | AMDY vs TBIL | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.17 | — | — | 95 | Inflation-Protected Bonds | AMDY vs IBID | |
| WisdomTree Floating Rate Treasury Fund | -0.15 | — | — | 100 | Government Bonds, Ultrashort Bond | AMDY vs USFR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | — | — | 98 | Inflation-Protected Bonds | AMDY vs IBIC | |
| iShares 0-3 Month Treasury Bond ETF | -0.13 | — | — | 100 | Ultrashort Bond | AMDY vs SGOV |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AMDY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AMDY and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.20, roughly unchanged from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.20 | -0.14 | -0.14 | 72 | Consumer Defensive | |
| Merck & Co., Inc. | -0.11 | — | — | 89 | Healthcare | |
| AbbVie Inc. | -0.05 | 0.01 | 0.01 | 75 | Healthcare | |
| Kimbell Royalty Partners, LP | 0.04 | — | — | 60 | Energy | |
| Valero Energy Corporation | 0.06 | — | — | 91 | Energy |
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