Looking to balance out your exposure to ECC? The ETFs below have the lowest correlation with ECC — they tend to move on their own, which can help reduce risk when ECC drops. The stock ideas table highlights individual companies that behave independently from ECC.
Best Diversifiers for ECC
26 ETFs have low correlation with ECC (below 0.3), 2 of which are negatively correlated. The least correlated is US Treasury 3 Month Bill ETF (TBIL) (Ultrashort Bond) with a 1Y correlation of -0.09, roughly unchanged from -0.01 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| US Treasury 3 Month Bill ETF | -0.09 | -0.01 | — | 100 | Ultrashort Bond | ECC vs TBIL | |
| FT Energy Income Partners Enhanced Income ETF | -0.03 | — | — | 75 | Derivative Income | ECC vs EIPI | |
| YieldMax NVDA Option Income Strategy ETF | 0.10 | 0.20 | — | 52 | Derivative Income, Options Trading | ECC vs NVDY | |
| Janus Henderson AAA CLO ETF | 0.11 | 0.15 | 0.08 | 98 | CLO | ECC vs JAAA | |
| VanEck AA-BB CLO ETF | 0.12 | 0.16 | 0.16 | 68 | CLO | ECC vs CLOB |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ECC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ECC and solid risk/return profiles. The least correlated is DNP Select Income Fund Inc. (DNP) (Financial Services) with a 1Y correlation of 0.04, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| DNP Select Income Fund Inc. | 0.04 | 0.15 | 0.14 | 83 | Financial Services | |
| Reaves Utility Income Trust | 0.07 | 0.18 | 0.21 | 78 | Financial Services | |
| Cohen & Steers Infrastructure Fund, Inc | 0.09 | 0.21 | 0.21 | 63 | Financial Services | |
| Tesla, Inc. | 0.12 | 0.18 | 0.21 | 55 | Consumer Cyclical | |
| AST SpaceMobile, Inc. | 0.13 | 0.16 | 0.15 | 91 | Communication Services |
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