Looking to diversify beyond USMD? The ETFs below have historically moved differently from USMD, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for USMD
0 ETFs have low correlation with USMD (below 0.3), 0 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| STMicroelectronics NV ADRhedged | 0.75 | — | — | 78 | Technology Equities | USMD vs STHH | |
| iShares Semiconductor ETF | 0.84 | 0.84 | 0.84 | 90 | Semiconductors, Technology Equities | USMD vs SOXX | |
| iShares Future Exponential Technologies ETF | 0.90 | 0.90 | 0.90 | 76 | Technology Equities | USMD vs XT |
Diversification Analysis
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