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43 Stocks and 57 ETFs for diversifying Medtronic (MDT)

The least correlated asset to Medtronic (MDT) is ETF RBIL (F/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF). The correlation is -0.8229.

Stocks that lowly correlated with MDT

SymbolName
Market cap
SectorIndustry
Correlation
APADREnhanced Group Inc$6.67MN/AN/A-0.79
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.72
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.68
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.67
JLHLJulong Holding Ltd - Class A$219MIndustrialsBuilding Products & Equipment-0.66
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.64
UYSCUY Scuti Acquisition Corp$74MFinancial ServicesShell Companies-0.63
TDICDreamland Ltd$17MCommunication ServicesAdvertising Agencies-0.62
RAAQUReal Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$65MFinancial ServicesShell Companies-0.62
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.61
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.61
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.60
NCEWNew Century Logistics (BVI) Ltd$54MIndustrialsIntegrated Freight & Logistics-0.59
CAEPCantor Equity Partners III Inc - Class A$420MFinancial ServicesShell Companies-0.58
ETOREtoro Group Ltd - Class A$3.63BFinancial ServicesCapital Markets-0.58
EMPDEmpery Digital Inc$98MConsumer CyclicalAuto Manufacturers-0.57
SEGGLottery.com Inc$4.48MConsumer CyclicalGambling-0.53
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.53
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.53
TVAIUThayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$9.15MFinancial ServicesShell Companies-0.52
BCARBank of the Carolinas CORP$303MFinancial ServicesShell Companies-0.51
UYSCUUY Scuti Acquisition Corp - Units (1 Ord Shs & 1 Rts)$56MFinancial ServicesShell Companies-0.51
USOIUBS AG London Branch$205BN/AN/A-0.50
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.50
FLYFirefly Aerospace Inc$3.35BIndustrialsAerospace & Defense-0.49
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.49
AMBQAmbiq Micro Inc$1.76BTechnologySemiconductors-0.48
ZJKZJK Industrial Co Ltd$126MIndustrialsSpecialty Industrial Machinery-0.48
FATNFatpipe Inc$67MTechnologySoftware - Infrastructure-0.47
YHNAUYHN Acquisition I Ltd - Units (1 Ord & 1 Rts)$64MFinancial ServicesShell Companies-0.47
ATIIUArchimedes Tech SPAC Partners II Co. - Units (1 Ord & 1/2 War)$267MFinancial ServicesShell Companies-0.46
TJGCTJGC Group Ltd$69MCommunication ServicesAdvertising Agencies-0.46
COLAColumbus Acquisition Corp$34MFinancial ServicesShell Companies-0.46
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.46
TACOWBerto Acquisition Corp - Warrants (01/05/2030)$1.62MN/AN/A-0.46
DECN/A$961MEnergyOil & Gas Integrated-0.46
SVCOSilvaco Group Inc$336MTechnologySoftware - Application-0.45
SORATop Win International Ltd$40MConsumer CyclicalLuxury Goods-0.45
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.44
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.44
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$10MIndustrialsFarm & Heavy Construction Machinery-0.43
OFALOFA Group$3.36MIndustrialsEngineering & Construction-0.43
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.42

ETFs that lowly correlated with MDT

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.82
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.77
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.76
TIPANORTHERN TRUST 2030 INFLATION-LINKED DISTRIBUTING LADDER ETF $18M0.10%Aug 18, 2025-0.72
MSTWROUNDHILL MSTR WEEKLYPAY ETF $33MN/AJul 23, 2025-0.70
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.63
MSTDEFIANCE LEVERAGED LONG + INCOME MSTR ETF $12MN/AMay 1, 2025-0.60
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.60
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.59
QBProShares Nasdaq100 Dynamic Buffer ETF$2.80M0.58%Jun 24, 2025-0.57
MSTPGRANITESHARES 2X LONG MSTR DAILY ETF $5.20MN/AJun 9, 2025-0.55
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.55
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.55
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.54
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.54
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.54
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.54
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.53
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.53
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.53
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.53
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.53
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.52
QCMUDirexion Daily QCOM Bull 2X ETF$30MN/AJun 24, 2025-0.52
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.52
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.52
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.52
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.52
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.51
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.51
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.51
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.50
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.50
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.49
IMSTBITWISE MSTR OPTION INCOME STRATEGY ETF $8.20M0.96%Apr 1, 2025-0.49
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.49
USOYDEFIANCE OIL ENHANCED OPTIONS INCOME ETF $56M1.12%May 9, 2024-0.49
FFUTFIDELITY MANAGED FUTURES ETF $247M0.80%Jun 3, 2025-0.48
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.47
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.47
CSCLDirexion Daily CSCO Bull 2X ETF$16MN/AJun 24, 2025-0.47
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.47
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.47
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.47
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.47
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.46
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.46
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.46
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.45
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.45
USEUSCF ENERGY COMMODITY STRATEGY ABSOLUTE RETURN FUND $2.60M0.79%May 3, 2023-0.45
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.45
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.44
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.44
AMDWROUNDHILL AMD WEEKLYPAY ETF $122MN/AJul 23, 2025-0.44
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.43
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.42