Looking to balance out your exposure to MDCX? The ETFs below have the lowest correlation with MDCX — they tend to move on their own, which can help reduce risk when MDCX drops. The stock ideas table highlights individual companies that behave independently from MDCX.
No Diversifiers Found for MDCX
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MDCX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MDCX and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Johnson & Johnson | 0.01 | — | — | 94 | Healthcare | |
| Pfizer Inc. | 0.02 | — | — | 67 | Healthcare | |
| GlaxoSmithKline plc | 0.03 | — | — | 70 | Healthcare | |
| AstraZeneca PLC | 0.03 | — | — | 76 | Healthcare | |
| Merck & Co., Inc. | 0.08 | — | — | 90 | Healthcare |
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