26 Stocks and 74 ETFs for diversifying IHI (ISHARES U.S. MEDICAL DEVICES ETF)
The least correlated asset to IHI (ISHARES U.S. MEDICAL DEVICES ETF) is ETF TIPA (NORTHERN TRUST 2030 INFLATION-LINKED DISTRIBUTING LADDER ETF). The correlation is -0.8194.
Stocks that lowly correlated with IHI
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| JLHL | Julong Holding Ltd - Class A | $219M | Industrials | Building Products & Equipment | -0.75 |
| TDIC | Dreamland Ltd | $17M | Communication Services | Advertising Agencies | -0.71 |
| UYSC | UY Scuti Acquisition Corp | $74M | Financial Services | Shell Companies | -0.71 |
| APADR | Enhanced Group Inc | $6.67M | N/A | N/A | -0.71 |
| DFSC | DEFSEC Technologies Inc Com | $3.99M | Industrials | Aerospace & Defense | -0.70 |
| CAEP | Cantor Equity Partners III Inc - Class A | $420M | Financial Services | Shell Companies | -0.65 |
| NCEW | New Century Logistics (BVI) Ltd | $54M | Industrials | Integrated Freight & Logistics | -0.64 |
| SEGG | Lottery.com Inc | $4.48M | Consumer Cyclical | Gambling | -0.64 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.58 |
| RAAQU | Real Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $65M | Financial Services | Shell Companies | -0.56 |
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.55 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.55 |
| BUUU | BUUU Group Ltd - Class A | $293M | Industrials | Specialty Business Services | -0.53 |
| LINE | Lineage Inc | $9.99B | Real Estate | Reit - Industrial | -0.51 |
| BMGL | Basel Medical Group Ltd | $9.61M | Healthcare | Medical Care Facilities | -0.51 |
| TACOW | Berto Acquisition Corp - Warrants (01/05/2030) | $1.62M | N/A | N/A | -0.51 |
| FATN | Fatpipe Inc | $67M | Technology | Software - Infrastructure | -0.50 |
| KMRK | KTech Solutions Company Ltd | $21M | Consumer Cyclical | Leisure | -0.48 |
| BCAR | Bank of the Carolinas CORP | $303M | Financial Services | Shell Companies | -0.48 |
| TJGC | TJGC Group Ltd | $69M | Communication Services | Advertising Agencies | -0.48 |
| AMBQ | Ambiq Micro Inc | $1.76B | Technology | Semiconductors | -0.47 |
| TACO | Berto Acquisition Corp | $314M | Financial Services | Shell Companies | -0.47 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $18M | Financial Services | Shell Companies | -0.47 |
| PSIG | PS International Group Ltd | $21M | Industrials | Integrated Freight & Logistics | -0.46 |
| EMPD | Empery Digital Inc | $98M | Consumer Cyclical | Auto Manufacturers | -0.46 |
| USOI | UBS AG London Branch | $205B | N/A | N/A | -0.46 |