Looking to diversify beyond EDGE? The ETFs below have the lowest correlation with EDGE — 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 EDGE.
Best Diversifiers for EDGE
400 ETFs have low correlation with EDGE (below 0.3), 88 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.31 | — | — | 71 | Oil & Gas | EDGE vs DBE | |
| United States Oil Fund LP | -0.31 | -0.13 | -0.13 | 66 | Oil & Gas | EDGE vs USO | |
| United States Brent Oil Fund LP | -0.29 | — | — | 65 | Oil & Gas | EDGE vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.27 | — | — | 55 | Derivative Income | EDGE vs USOY | |
| United States 12 Month Oil Fund LP | -0.27 | — | — | 56 | Oil & Gas | EDGE vs USL |
See all 2171 diversifiers for EDGE
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Diversification Analysis
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