Looking to diversify beyond EEMO? The ETFs below have the lowest correlation with EEMO — 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 EEMO.
Best Diversifiers for EEMO
472 ETFs have low correlation with EEMO (below 0.3), 82 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.38, roughly unchanged from -0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.38 | -0.30 | -0.32 | 57 | Cryptocurrency | EEMO vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.38 | -0.35 | -0.35 | 52 | Cryptocurrency, Leveraged Cryptocurrency | EEMO vs SBIT | |
| Invesco DB US Dollar Index Bullish Fund | -0.37 | -0.35 | -0.39 | 51 | Currency | EEMO vs UUP | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.30 | -0.33 | -0.33 | 68 | Inverse Equities, Leveraged Equities | EEMO vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.30 | -0.34 | -0.34 | 60 | Inverse Equities | EEMO vs SMST |
See all 2047 diversifiers for EEMO
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