Looking to balance out your exposure to EA? The ETFs below have historically moved differently from EA, 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 EA
6 ETFs have low correlation with EA (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.08, down from 0.38 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.08 | 0.30 | 0.38 | 95 | Dividend | EA vs SCHD | |
| Invesco QQQ ETF | 0.08 | 0.26 | 0.38 | 55 | Nasdaq-100 | EA vs QQQ | |
| Schwab International Equity ETF | 0.09 | 0.26 | 0.36 | 71 | Foreign Large Cap Equities | EA vs SCHF | |
| Vanguard Information Technology ETF | 0.09 | 0.25 | 0.36 | 58 | Technology Equities | EA vs VGT | |
| Vanguard S&P 500 ETF | 0.09 | 0.30 | 0.41 | 72 | S&P 500 | EA vs VOO |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for EA, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Penumbra, Inc. (PEN) (Healthcare) with a 1Y correlation of -0.09, down from 0.19 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Penumbra, Inc. | -0.09 | 0.11 | 0.19 | 79 | Healthcare | |
| Nutrien Ltd. | -0.08 | 0.09 | 0.11 | 58 | Basic Materials | |
| The Coca-Cola Company | -0.07 | 0.17 | 0.23 | 86 | Consumer Defensive | |
| Centene Corporation | -0.06 | 0.11 | 0.16 | 94 | Healthcare | |
| RTX Corporation | -0.05 | 0.05 | 0.15 | 82 | Industrials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements EA
Add EA to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EA