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
388 ETFs have low correlation with EFFE (below 0.3), 63 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.31 | — | — | 66 | Oil & Gas | EFFE vs USO | |
| Defiance Oil Enhanced Options Income ETF | -0.30 | — | — | 56 | Derivative Income | EFFE vs USOY | |
| Invesco DB Energy Fund | -0.30 | — | — | 71 | Oil & Gas | EFFE vs DBE | |
| United States Brent Oil Fund LP | -0.29 | — | — | 65 | Oil & Gas | EFFE vs BNO | |
| ProShares UltraShort Yen | -0.29 | — | — | 61 | Leveraged Currency | EFFE vs YCS |
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