Looking to diversify beyond MEDX? The ETFs below have the lowest correlation with MEDX — 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 MEDX.
Best Diversifiers for MEDX
506 ETFs have low correlation with MEDX (below 0.3), 22 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 -0.24, down from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.24 | -0.05 | -0.05 | 98 | Inflation-Protected Bonds | MEDX vs IBIC | |
| First Trust Alternative Absolute Return Strategy E... | -0.16 | -0.05 | — | 70 | Commodities | MEDX vs FAAR | |
| Fidelity Managed Futures ETF | -0.16 | — | — | 64 | Systematic Trend | MEDX vs FFUT | |
| TCW AAA CLO ETF | -0.12 | 0.01 | 0.01 | 99 | CLO | MEDX vs ACLO | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.12 | -0.04 | 0.01 | 53 | Commodities | MEDX vs FTGC |
See all 1133 diversifiers for MEDX
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