Looking to balance out your exposure to EBS? The ETFs below have the lowest correlation with EBS — they tend to move on their own, which can help reduce risk when EBS drops. The stock ideas table highlights individual companies that behave independently from EBS.
Best Diversifiers for EBS
1 ETFs have low correlation with EBS (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Semiconductor ETF (SMH) (Semiconductors) with a 1Y correlation of 0.28, roughly unchanged from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor ETF | 0.28 | 0.23 | 0.30 | 96 | Semiconductors, Technology Equities | EBS vs SMH | |
| Invesco S&P MidCap Momentum ETF | 0.32 | 0.37 | 0.39 | 67 | Momentum, Mid Cap Growth Equities | EBS vs XMMO | |
| State Street SPDR S&P 500 ETF | 0.39 | 0.36 | 0.39 | 70 | S&P 500 | EBS vs SPY | |
| EA Bridgeway Omni Small-Cap Value ETF | 0.40 | 0.45 | — | 72 | Small Cap Value Equities | EBS vs BSVO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EBS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EBS and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.16, roughly unchanged from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.16 | 0.14 | 0.22 | 78 | Technology | |
| Tango Therapeutics, Inc. | 0.28 | 0.20 | 0.25 | 98 | Healthcare | |
| Bitdeer Technologies Group Class A Ordinary Shares | 0.30 | 0.27 | — | 58 | Technology |
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