Looking to diversify beyond EFO? The ETFs below have the lowest correlation with EFO — 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 EFO.
Best Diversifiers for EFO
223 ETFs have low correlation with EFO (below 0.3), 35 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.43, down from -0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.43 | -0.28 | -0.24 | 61 | Leveraged Currency | EFO vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.25 | — | — | 97 | Inflation-Protected Bonds | EFO vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | EFO vs IBIC | |
| TCW AAA CLO ETF | -0.15 | — | — | 99 | CLO | EFO vs ACLO | |
| iShares 0-3 Month Treasury Bond ETF | -0.12 | -0.07 | -0.02 | 100 | Ultrashort Bond | EFO vs SGOV |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EFO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EFO and solid risk/return profiles. The least correlated is German American Bancorp, Inc. (GABC) (Financial Services) with a 1Y correlation of 0.36, roughly unchanged from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| German American Bancorp, Inc. | 0.36 | 0.33 | 0.37 | 75 | Financial Services |
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