Looking to diversify beyond EDOW? The ETFs below have the lowest correlation with EDOW — 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 EDOW.
Best Diversifiers for EDOW
302 ETFs have low correlation with EDOW (below 0.3), 25 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.28, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.28 | -0.06 | 0.09 | 55 | Oil & Gas | EDOW vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.26 | -0.21 | -0.21 | 97 | Inflation-Protected Bonds | EDOW vs RBIL | |
| ProShares UltraShort Yen | -0.23 | -0.05 | -0.03 | 63 | Leveraged Currency | EDOW vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | — | — | 98 | Inflation-Protected Bonds | EDOW vs IBIC | |
| Direxion Daily NFLX Bear 1X Shares | -0.20 | -0.28 | -0.28 | 55 | Inverse Equities | EDOW vs NFXS |
See all 1947 diversifiers for EDOW
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