Looking to diversify beyond EAGG? The ETFs below have the lowest correlation with EAGG — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from EAGG.
Best Diversifiers for EAGG
846 ETFs have low correlation with EAGG (below 0.3), 56 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.50, roughly unchanged from -0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.50 | -0.47 | -0.50 | 63 | Leveraged Currency | EAGG vs YCS | |
| United States Gasoline Fund LP | -0.42 | -0.21 | -0.15 | 55 | Oil & Gas | EAGG vs UGA | |
| Fidelity Managed Futures ETF | -0.31 | -0.32 | -0.32 | 64 | Systematic Trend | EAGG vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.28 | -0.13 | -0.10 | 75 | Commodities | EAGG vs FAAR | |
| VanEck Commodity Strategy ETF | -0.27 | -0.12 | -0.11 | 57 | Commodities | EAGG vs PIT |
See all 1845 diversifiers for EAGG
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Diversification Analysis
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