Looking to diversify beyond EFIV? The ETFs below have the lowest correlation with EFIV — 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 EFIV.
Best Diversifiers for EFIV
389 ETFs have low correlation with EFIV (below 0.3), 75 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.45, roughly unchanged from -0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.45 | -0.44 | -0.44 | 56 | Inverse Equities | EFIV vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.44 | -0.42 | -0.42 | 65 | Inverse Equities, Leveraged Equities | EFIV vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.42 | — | — | 70 | Derivative Income | EFIV vs WNTR | |
| ProShares Short Bitcoin ETF | -0.41 | -0.35 | -0.37 | 53 | Cryptocurrency | EFIV vs BITI | |
| Return Stacked Bonds & Futures Yield ETF | -0.28 | — | — | 54 | Multistrategy | EFIV vs RSBY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EFIV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EFIV and solid risk/return profiles. The least correlated is Rivian Automotive, Inc. (RIVN) (Consumer Cyclical) with a 1Y correlation of 0.35, roughly unchanged from 0.39 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Rivian Automotive, Inc. | 0.35 | 0.39 | — | 65 | Consumer Cyclical |
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