Looking to diversify beyond ECML? The ETFs below have the lowest correlation with ECML — 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 ECML.
Best Diversifiers for ECML
371 ETFs have low correlation with ECML (below 0.3), 33 of which are negatively correlated. The least correlated is WisdomTree Floating Rate Treasury Fund (USFR) (Government Bonds) with a 1Y correlation of -0.17, down from -0.05 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | -0.17 | -0.05 | — | 100 | Government Bonds, Ultrashort Bond | ECML vs USFR | |
| ProShares UltraShort Yen | -0.16 | -0.08 | — | 61 | Leveraged Currency | ECML vs YCS | |
| iShares Enhanced Short-Term Bond Active ETF | -0.14 | — | — | 99 | Ultrashort Bond | ECML vs CSHP | |
| Texas Capital Government Money Market ETF | -0.10 | — | — | 100 | Money Market | ECML vs MMKT | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.09 | -0.06 | — | 97 | Inflation-Protected Bonds | ECML vs RBIL |
See all 2069 diversifiers for ECML
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ECML
Add ECML to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ECML