Looking to diversify beyond EAOK? The ETFs below have the lowest correlation with EAOK — 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 EAOK.
Best Diversifiers for EAOK
169 ETFs have low correlation with EAOK (below 0.3), 62 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.41, roughly unchanged from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.41 | -0.34 | -0.35 | 75 | Leveraged Currency | EAOK vs YCS | |
| Defiance Daily Target 2X Short MSTR ETF | -0.39 | — | — | 53 | Inverse Equities | EAOK vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.39 | — | — | 60 | Inverse Equities, Leveraged Equities | EAOK vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.37 | — | — | 65 | Derivative Income | EAOK vs WNTR | |
| United States Gasoline Fund LP | -0.35 | -0.14 | -0.03 | 72 | Oil & Gas | EAOK vs UGA |
See all 2052 diversifiers for EAOK
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