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Looking to diversify beyond MIDU? The ETFs below have the lowest correlation with MIDU — 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 MIDU.

Best Diversifiers for MIDU

185 ETFs have low correlation with MIDU (below 0.3), 27 of which are negatively correlated.


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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from MIDU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MIDU and solid risk/return profiles. The least correlated is German American Bancorp, Inc. (GABC) (Financial Services) with a 1Y correlation of 0.48, roughly unchanged from 0.56 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
German American Bancorp, Inc.0.480.510.56
75
Financial Services

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Diversification Analysis

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