Looking to diversify beyond EFFE? The ETFs below have the lowest correlation with EFFE — 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 EFFE.
Best Diversifiers for EFFE
426 ETFs have low correlation with EFFE (below 0.3), 61 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.40, roughly unchanged from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.40 | -0.35 | -0.35 | 51 | Currency | EFFE vs UUP | |
| ProShares Short Bitcoin ETF | -0.34 | -0.34 | -0.34 | 57 | Cryptocurrency | EFFE vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.34 | -0.34 | -0.34 | 52 | Cryptocurrency, Leveraged Cryptocurrency | EFFE vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.33 | — | — | 60 | Inverse Equities | EFFE vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.32 | — | — | 68 | Inverse Equities, Leveraged Equities | EFFE vs MSTZ |
See all 2042 diversifiers for EFFE
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