Looking to diversify beyond ECOW? The ETFs below have the lowest correlation with ECOW — 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 ECOW.
Best Diversifiers for ECOW
313 ETFs have low correlation with ECOW (below 0.3), 29 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.36, down from -0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.36 | -0.22 | -0.18 | 63 | Leveraged Currency | ECOW vs YCS | |
| United States Gasoline Fund LP | -0.21 | 0.05 | 0.14 | 55 | Oil & Gas | ECOW vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | 0.03 | 0.03 | 98 | Inflation-Protected Bonds | ECOW vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.17 | -0.16 | -0.16 | 97 | Inflation-Protected Bonds | ECOW vs RBIL | |
| Brookstone Ultra-Short Bond ETF | -0.12 | -0.07 | -0.07 | 98 | Ultrashort Bond | ECOW vs BAMU |
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