Looking to diversify beyond EFAS? The ETFs below have the lowest correlation with EFAS — 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 EFAS.
Best Diversifiers for EFAS
453 ETFs have low correlation with EFAS (below 0.3), 21 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.36, down from -0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.36 | -0.32 | -0.24 | 61 | Leveraged Currency | EFAS vs YCS | |
| iShares Enhanced Short-Term Bond Active ETF | -0.13 | — | — | 99 | Ultrashort Bond | EFAS vs CSHP | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.11 | — | — | 97 | Inflation-Protected Bonds | EFAS vs RBIL | |
| TCW AAA CLO ETF | -0.11 | — | — | 99 | CLO | EFAS vs ACLO | |
| Roundhill Weekly T-Bill ETF | -0.09 | — | — | 99 | Ultrashort Bond | EFAS vs WEEK |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EFAS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EFAS and solid risk/return profiles. The least correlated is Astronics Corporation (ATRO) (Industrials) with a 1Y correlation of 0.25, roughly unchanged from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Astronics Corporation | 0.25 | 0.26 | 0.34 | 96 | Industrials |
Build a portfolio that complements EFAS
Add EFAS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EFAS