Looking to diversify beyond EFAA? The ETFs below have the lowest correlation with EFAA — 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 EFAA.
Best Diversifiers for EFAA
312 ETFs have low correlation with EFAA (below 0.3), 73 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.40 | — | — | 52 | Cryptocurrency | EFAA vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.36 | — | — | 63 | Inverse Equities | EFAA vs SMST | |
| ProShares UltraShort Yen | -0.36 | — | — | 73 | Leveraged Currency | EFAA vs YCS | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.36 | — | — | 70 | Inverse Equities, Leveraged Equities | EFAA vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.34 | — | — | 73 | Derivative Income | EFAA vs WNTR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EFAA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EFAA and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Enterprise Products Partners L.P. | -0.03 | — | — | 87 | Energy | |
| Western Midstream Partners, LP | 0.03 | — | — | 77 | Energy | |
| NVIDIA Corporation | 0.37 | — | — | 63 | Technology |
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