Looking to diversify beyond EDIV? The ETFs below have the lowest correlation with EDIV — 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 EDIV.
Best Diversifiers for EDIV
272 ETFs have low correlation with EDIV (below 0.3), 34 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.38, down from -0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.38 | -0.25 | -0.20 | 61 | Leveraged Currency | EDIV vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.23 | — | — | 98 | Inflation-Protected Bonds | EDIV vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.22 | — | — | 97 | Inflation-Protected Bonds | EDIV vs RBIL | |
| WisdomTree Floating Rate Treasury Fund | -0.14 | -0.06 | -0.03 | 100 | Government Bonds, Ultrashort Bond | EDIV vs USFR | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.14 | 0.06 | 0.06 | 95 | Inflation-Protected Bonds | EDIV vs IBID |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EDIV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EDIV and solid risk/return profiles. The least correlated is Pfizer Inc. (PFE) (Healthcare) with a 1Y correlation of 0.28, roughly unchanged from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Pfizer Inc. | 0.28 | 0.24 | 0.21 | 58 | Healthcare |
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