Looking to diversify beyond MEDI? The ETFs below have the lowest correlation with MEDI — 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 MEDI.
Best Diversifiers for MEDI
403 ETFs have low correlation with MEDI (below 0.3), 23 of which are negatively correlated. The least correlated is iShares iBonds Oct 2026 Term TIPS ETF (IBIC) (Inflation-Protected Bonds) with a 1Y correlation of -0.18, down from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | -0.07 | -0.07 | 98 | Inflation-Protected Bonds | MEDI vs IBIC | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.15 | -0.02 | -0.02 | 53 | Commodities | MEDI vs CERY | |
| First Trust Alternative Absolute Return Strategy E... | -0.14 | -0.04 | -0.04 | 75 | Commodities | MEDI vs FAAR | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.14 | -0.02 | -0.01 | 50 | Commodities | MEDI vs CMDT | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.13 | -0.01 | 0.05 | 55 | Commodities | MEDI vs FTGC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MEDI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MEDI and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| American Healthcare REIT, Inc. | 0.08 | — | — | 80 | Real Estate | |
| CareTrust REIT, Inc. | 0.15 | 0.19 | — | 78 | Real Estate | |
| Lantheus Holdings, Inc. | 0.35 | 0.35 | 0.36 | 61 | Healthcare |
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