Looking to diversify beyond EFA? The ETFs below have the lowest correlation with EFA — 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 EFA.
Best Diversifiers for EFA
229 ETFs have low correlation with EFA (below 0.3), 33 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.45, down from -0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.45 | -0.29 | -0.23 | 63 | Leveraged Currency | EFA vs YCS | |
| United States Gasoline Fund LP | -0.33 | -0.09 | 0.06 | 55 | Oil & Gas | EFA vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.25 | -0.20 | -0.20 | 97 | Inflation-Protected Bonds | EFA vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | 0.03 | 0.03 | 98 | Inflation-Protected Bonds | EFA vs IBIC | |
| TCW AAA CLO ETF | -0.16 | -0.07 | -0.07 | 99 | CLO | EFA vs ACLO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EFA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EFA and solid risk/return profiles. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.14, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.14 | 0.06 | 0.21 | 65 | Energy | |
| Altria Group, Inc. | -0.12 | 0.08 | 0.18 | 72 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.10 | 0.09 | 0.23 | 72 | Energy | |
| Chevron Corporation | -0.10 | 0.08 | 0.23 | 70 | Energy | |
| Energy Transfer LP | -0.08 | 0.20 | 0.31 | 72 | Energy |
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Build a portfolio that complements EFA
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