Looking to diversify beyond EAPR? The ETFs below have the lowest correlation with EAPR — 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 EAPR.
Best Diversifiers for EAPR
448 ETFs have low correlation with EAPR (below 0.3), 82 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.31, down from -0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.31 | -0.18 | -0.15 | 63 | Leveraged Currency | EAPR vs YCS | |
| Defiance Oil Enhanced Options Income ETF | -0.28 | — | — | 56 | Derivative Income | EAPR vs USOY | |
| United States Oil Fund LP | -0.27 | 0.02 | 0.12 | 66 | Oil & Gas | EAPR vs USO | |
| United States Brent Oil Fund LP | -0.24 | 0.03 | 0.12 | 65 | Oil & Gas | EAPR vs BNO | |
| Invesco DB Energy Fund | -0.22 | 0.04 | 0.14 | 71 | Oil & Gas | EAPR vs DBE |
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