Looking to balance out your exposure to EBAY? The ETFs below have the lowest correlation with EBAY — they tend to move on their own, which can help reduce risk when EBAY drops. The stock ideas table highlights individual companies that behave independently from EBAY.
Best Diversifiers for EBAY
12 ETFs have low correlation with EBAY (below 0.3), 2 of which are negatively correlated. The least correlated is iShares S&P GSCI Commodity-Indexed Trust (GSG) (Commodities) with a 1Y correlation of -0.03, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P GSCI Commodity-Indexed Trust | -0.03 | 0.02 | 0.09 | 56 | Commodities | EBAY vs GSG | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.02 | 0.02 | 0.09 | 60 | Commodities | EBAY vs PDBC | |
| iShares Global Utilities ETF | 0.08 | 0.21 | 0.28 | 51 | Utilities Equities | EBAY vs JXI | |
| iShares 0-1 Year Treasury Bond ETF | 0.09 | 0.04 | 0.06 | 100 | Government Bonds, Ultrashort Bond | EBAY vs SHV | |
| VanEck Semiconductor ETF | 0.10 | 0.14 | 0.32 | 93 | Semiconductors, Technology Equities | EBAY vs SMH |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EBAY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EBAY and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.04, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.04 | 0.10 | 0.17 | 73 | Energy | |
| EOG Resources, Inc. | -0.03 | 0.06 | 0.12 | 63 | Energy | |
| GE Vernova Inc. | -0.03 | — | — | 89 | Industrials | |
| Altria Group, Inc. | -0.02 | 0.14 | 0.17 | 78 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.02 | 0.11 | 0.17 | 76 | Energy |
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