Looking to diversify beyond EEM? The ETFs below have the lowest correlation with EEM — 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 EEM.
Best Diversifiers for EEM
376 ETFs have low correlation with EEM (below 0.3), 65 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.31, down from -0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.31 | -0.19 | -0.17 | 61 | Leveraged Currency | EEM vs YCS | |
| Defiance Oil Enhanced Options Income ETF | -0.31 | — | — | 56 | Derivative Income | EEM vs USOY | |
| United States Oil Fund LP | -0.31 | -0.01 | 0.10 | 66 | Oil & Gas | EEM vs USO | |
| Invesco DB Energy Fund | -0.30 | 0.00 | 0.11 | 71 | Oil & Gas | EEM vs DBE | |
| United States Brent Oil Fund LP | -0.30 | 0.01 | 0.10 | 65 | Oil & Gas | EEM vs BNO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EEM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EEM and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.16, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.16 | 0.01 | 0.13 | 51 | Financial Services | |
| Duke Energy Corporation | -0.15 | 0.02 | 0.04 | 53 | Utilities | |
| Altria Group, Inc. | -0.15 | 0.02 | 0.08 | 69 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.11 | 0.09 | 0.20 | 85 | Energy | |
| Walmart Inc. | -0.09 | 0.07 | 0.11 | 63 | Consumer Defensive |
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