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
660 ETFs have low correlation with AMDY (below 0.3), 117 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 | -0.17 | — | — | 97 | Inflation-Protected Bonds | AMDY vs IBID | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | — | — | 98 | Inflation-Protected Bonds | AMDY vs IBIC | |
| US Treasury 3 Month Bill ETF | -0.16 | — | — | 100 | Ultrashort Bond | AMDY vs TBIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.14 | -0.06 | -0.06 | 100 | Ultrashort Bond | AMDY vs SGOV | |
| Invesco PureBeta 0-5 Yr US TIPS ETF | -0.12 | -0.05 | -0.05 | 93 | Inflation-Protected Bonds | AMDY vs PBTP |
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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.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.19 | — | — | 69 | Consumer Defensive | |
| The Hershey Company | -0.09 | — | — | 55 | Consumer Defensive | |
| Merck & Co., Inc. | -0.07 | — | — | 87 | Healthcare | |
| AbbVie Inc. | -0.05 | — | — | 62 | Healthcare | |
| Valero Energy Corporation | 0.08 | 0.09 | 0.09 | 93 | Energy |
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