Looking to balance out your exposure to EC? The ETFs below have historically moved differently from EC, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for EC
5 ETFs have low correlation with EC (below 0.3), 2 of which are negatively correlated. The least correlated is iShares Core S&P 500 ETF (IVV) (S&P 500) with a 1Y correlation of -0.05, down from 0.21 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core S&P 500 ETF | -0.05 | 0.13 | 0.21 | 67 | S&P 500 | EC vs IVV | |
| WisdomTree Japan Hedged Equity Fund | -0.01 | 0.13 | 0.20 | 93 | Japan Equities, Asia Pacific Equities | EC vs DXJ | |
| VanEck Semiconductor ETF | 0.02 | 0.10 | 0.14 | 87 | Semiconductors, Technology Equities | EC vs SMH | |
| Avantis US Small Cap Value ETF | 0.10 | 0.31 | 0.40 | 91 | Small Cap Value Equities | EC vs AVUV | |
| CoinShares Bitcoin Miners ETF | 0.16 | 0.19 | 0.19 | 51 | Cryptocurrency, Blockchain | EC vs WGMI |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for EC, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Banco de Sabadell SA ADR (BNDSY) (Financial Services) with a 1Y correlation of -0.14, down from 0.02 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Banco de Sabadell SA ADR | -0.14 | 0.01 | 0.02 | 69 | Financial Services | |
| Apple Inc | -0.13 | 0.06 | 0.11 | 89 | Technology | |
| Novartis AG | -0.06 | 0.05 | 0.09 | 89 | Healthcare | |
| Deere & Company | -0.03 | 0.19 | 0.30 | 59 | Industrials | |
| Agnico Eagle Mines Limited | -0.02 | 0.14 | 0.21 | 56 | Basic Materials |
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