Looking to balance out your exposure to EDU? The ETFs below have the lowest correlation with EDU — they tend to move on their own, which can help reduce risk when EDU drops. The stock ideas table highlights individual companies that behave independently from EDU.
Best Diversifiers for EDU
4 ETFs have low correlation with EDU (below 0.3), 0 of which are negatively correlated. The least correlated is GraniteShares 2x Long AMD Daily ETF (AMDL) (Leveraged Equities) with a 1Y correlation of 0.18, roughly unchanged from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GraniteShares 2x Long AMD Daily ETF | 0.18 | 0.20 | 0.20 | 96 | Leveraged Equities | EDU vs AMDL | |
| Invesco QQQ ETF | 0.18 | 0.21 | 0.24 | 73 | Nasdaq-100 | EDU vs QQQ | |
| Vanguard S&P 500 ETF | 0.22 | 0.25 | 0.24 | 70 | S&P 500 | EDU vs VOO | |
| State Street SPDR S&P 500 ETF | 0.22 | 0.24 | 0.24 | 70 | S&P 500 | EDU vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EDU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EDU and solid risk/return profiles. The least correlated is AppLovin Corporation (APP) (Technology) with a 1Y correlation of 0.00, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AppLovin Corporation | 0.00 | 0.12 | 0.20 | 59 | Technology | |
| Penumbra, Inc. | 0.00 | 0.07 | 0.15 | 66 | Healthcare | |
| Walmart Inc. | 0.01 | 0.02 | 0.02 | 63 | Consumer Defensive | |
| Verizon Communications Inc. | 0.01 | 0.04 | 0.03 | 59 | Communication Services | |
| Arista Networks, Inc. | 0.04 | 0.13 | 0.15 | 79 | Technology |
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