Looking to diversify beyond EEMX? The ETFs below have the lowest correlation with EEMX — 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 EEMX.
Best Diversifiers for EEMX
417 ETFs have low correlation with EEMX (below 0.3), 74 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.43, roughly unchanged from -0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.43 | -0.32 | -0.34 | 57 | Cryptocurrency | EEMX vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.43 | -0.37 | -0.37 | 52 | Cryptocurrency, Leveraged Cryptocurrency | EEMX vs SBIT | |
| Invesco DB US Dollar Index Bullish Fund | -0.39 | -0.41 | -0.45 | 51 | Currency | EEMX vs UUP | |
| Defiance Daily Target 2X Short MSTR ETF | -0.38 | — | — | 60 | Inverse Equities | EEMX vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.38 | — | — | 68 | Inverse Equities, Leveraged Equities | EEMX vs MSTZ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EEMX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EEMX and solid risk/return profiles. The least correlated is MSCI Inc. (MSCI) (Financial Services) with a 1Y correlation of 0.06, down from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| MSCI Inc. | 0.06 | 0.20 | 0.35 | 57 | Financial Services |
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