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Looking to diversify beyond EDEN? The ETFs below have the lowest correlation with EDEN — 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 EDEN.

Best Diversifiers for EDEN

325 ETFs have low correlation with EDEN (below 0.3), 21 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.36, down from -0.17 over 5 years.


See all 1856 diversifiers for EDEN

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from EDEN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EDEN and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.09, down from 0.10 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Exxon Mobil Corporation-0.090.010.10
72
Energy
Duke Energy Corporation-0.080.050.11
62
Utilities
Chevron Corporation-0.070.010.10
70
Energy
Energy Transfer LP-0.030.110.20
72
Energy
Enterprise Products Partners L.P.-0.010.140.22
85
Energy
See all 42 low-correlation stocks for EDEN

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Diversification Analysis

Build a portfolio that complements EDEN

Add EDEN to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with EDEN