Skip to main content

Want a detailed portfolio tracker?

32 Stocks and 68 ETFs for diversifying IHI (ISHARES U.S. MEDICAL DEVICES ETF)

The least correlated asset to IHI (ISHARES U.S. MEDICAL DEVICES ETF) is ETF RXD (ProShares UltraShort Health Care -2x Shares). The correlation is -0.7675.

Stocks that lowly correlated with IHI

SymbolName
Market cap
SectorIndustry
Correlation
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.76
JLHLJulong Holding Ltd - Class A$457MIndustrialsBuilding Products & Equipment-0.71
UYSCUY Scuti Acquisition Corp$73MFinancial ServicesShell Companies-0.70
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.68
DFSCDEFSEC Technologies Inc Com$8.73MIndustrialsAerospace & Defense-0.67
CAEPCantor Equity Partners III Inc - Class A$420MFinancial ServicesShell Companies-0.65
NCEWNew Century Logistics (BVI) Ltd$58MIndustrialsIntegrated Freight & Logistics-0.64
TACOBerto Acquisition Corp$315MFinancial ServicesShell Companies-0.63
TACOWBerto Acquisition Corp - Warrants (01/05/2030)$1.62MN/AN/A-0.62
LINELineage Inc$9.85BReal EstateReit - Industrial-0.61
FATNFatpipe Inc$68MTechnologySoftware - Infrastructure-0.58
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.57
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.56
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.56
RAAQUReal Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$69MFinancial ServicesShell Companies-0.54
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.53
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.51
PSIGPS International Group Ltd$21MIndustrialsIntegrated Freight & Logistics-0.51
BULLWebull Corporation$2.47BTechnologySoftware - Application-0.49
RDAGRepublic Digital Acquisition Co. - Class A$310MFinancial ServicesShell Companies-0.48
TJGCTJGC Group Ltd$101MCommunication ServicesAdvertising Agencies-0.47
HXHXHaoxin Holdings Ltd - Class A$6.49MIndustrialsIntegrated Freight & Logistics-0.46
USOIUBS AG London Branch$234BN/AN/A-0.45
WETOWebus International Ltd$11MTechnologySoftware - Infrastructure-0.43
ENGSEnergys Group Ltd$12MIndustrialsWaste Management-0.43
DAAQDigital Asset Acquisition Corp - Class A$178MFinancial ServicesShell Companies-0.42
ATIIUArchimedes Tech SPAC Partners II Co. - Units (1 Ord & 1/2 War)$294MFinancial ServicesShell Companies-0.42
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.41
TVAIUThayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$10MFinancial ServicesShell Companies-0.41
NCTIntercont (Cayman) Ltd$2.61MIndustrialsMarine Shipping-0.40
NMAXNewsmax Inc Class B$1BCommunication ServicesBroadcasting-0.40
FMFCKandal M Venture Ltd - Class A$6.81MConsumer CyclicalFootwear & Accessories-0.40

ETFs that lowly correlated with IHI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.77
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.74
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.74
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.74
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.74
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.72
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.70
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.70
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.70
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.69
TEXNiShares Texas Equity ETF$17M0.20%Jun 23, 2025-0.69
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.68
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.66
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.66
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.66
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.65
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.65
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.65
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.65
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.64
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.64
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.64
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.64
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.63
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.63
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.63
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.62
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.62
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.62
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.61
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.61
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.61
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.60
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.60
MSIIREX MSTR GROWTH & INCOME ETF $4.40MN/AJun 3, 2025-0.59
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.59
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.58
MSTPGRANITESHARES 2X LONG MSTR DAILY ETF $11MN/AJun 9, 2025-0.57
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.57
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.57
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.56
PLTDT-REX 2X INVERSE PLTR DAILY TARGET ETF $29M0.98%Dec 10, 2024-0.55
QBProShares Nasdaq100 Dynamic Buffer ETF$1.40M0.58%Jun 24, 2025-0.55
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.55
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.54
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.54
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.53
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.53
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.52
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.52
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.52
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.51
QUSAVistaShares Target 15 USA Quality Income ETF$18M0.95%May 5, 2025-0.50
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.50
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.49
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.48
CSCLDirexion Daily CSCO Bull 2X ETF$5MN/AJun 24, 2025-0.48
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.47
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.47
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.46
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.46
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.45
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.45
FNGDBank of Montreal$68MN/AJan 22, 2018-0.42
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.41
QCMUDirexion Daily QCOM Bull 2X ETF$22MN/AJun 24, 2025-0.41
QUBXTRADR 2X LONG QUBT DAILY ETF $25MN/AJun 23, 2025-0.40
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.40