Looking to diversify beyond EDC? The ETFs below have historically moved differently from EDC, 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 EDC
458 ETFs have low correlation with EDC (below 0.3), 76 of which are negatively correlated. The least correlated is YieldMax MSTR Short Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.40, roughly unchanged from -0.39 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.40 | -0.39 | -0.39 | 63 | Derivative Income | EDC vs WNTR | |
| ProShares UltraShort Yen | -0.22 | -0.18 | -0.16 | 59 | Leveraged Currency | EDC vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | — | — | 98 | Inflation-Protected Bonds | EDC vs IBIC | |
| Invesco DB Energy Fund | -0.22 | 0.00 | 0.11 | 53 | Oil & Gas | EDC vs DBE | |
| United States Gasoline Fund, LP | -0.19 | 0.00 | 0.10 | 74 | Oil & Gas | EDC vs UGA |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for EDC, 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 German American Bancorp, Inc. (GABC) (Financial Services) with a 1Y correlation of 0.05, down from 0.22 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| German American Bancorp, Inc. | 0.05 | 0.15 | 0.22 | 87 | Financial Services |
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