Looking to diversify beyond EDGU? The ETFs below have the lowest correlation with EDGU — 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 EDGU.
Best Diversifiers for EDGU
358 ETFs have low correlation with EDGU (below 0.3), 75 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.30 | — | — | 71 | Oil & Gas | EDGU vs DBE | |
| United States Oil Fund LP | -0.30 | -0.13 | -0.13 | 66 | Oil & Gas | EDGU vs USO | |
| United States Brent Oil Fund LP | -0.27 | — | — | 65 | Oil & Gas | EDGU vs BNO | |
| Invesco DB Oil Fund | -0.26 | — | — | 65 | Oil & Gas | EDGU vs DBO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.26 | — | — | 55 | Oil & Gas | EDGU vs OILK |
See all 2107 diversifiers for EDGU
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Diversification Analysis
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