Looking to balance out your exposure to EADSY? The ETFs below have the lowest correlation with EADSY — they tend to move on their own, which can help reduce risk when EADSY drops. The stock ideas table highlights individual companies that behave independently from EADSY.
Best Diversifiers for EADSY
4 ETFs have low correlation with EADSY (below 0.3), 1 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.10, down from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.10 | -0.03 | -0.00 | 100 | Ultrashort Bond | EADSY vs SGOV | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.05 | 0.13 | 0.12 | 87 | Inflation-Protected Bonds | EADSY vs VTIP | |
| iShares 0-5 Year TIPS Bond ETF | 0.07 | 0.14 | 0.13 | 88 | Inflation-Protected Bonds | EADSY vs STIP | |
| FlexShares Morningstar Global Upstream Natural Res... | 0.16 | 0.27 | 0.38 | 54 | Natural Resources | EADSY vs GUNR | |
| iShares Core MSCI Emerging Markets ETF | 0.41 | 0.42 | 0.48 | 64 | Emerging Markets Diversified | EADSY vs IEMG |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EADSY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EADSY and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.21, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.21 | -0.07 | 0.11 | 74 | Energy | |
| Altria Group, Inc. | -0.18 | -0.01 | 0.13 | 74 | Consumer Defensive | |
| Cenovus Energy Inc. | -0.12 | 0.04 | 0.17 | 90 | Energy | |
| Energy Transfer LP | -0.08 | 0.10 | 0.25 | 70 | Energy | |
| TotalEnergies SE | -0.05 | 0.14 | 0.20 | 79 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements EADSY
Add EADSY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EADSY