Looking to diversify beyond EFRA? The ETFs below have the lowest correlation with EFRA — 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 EFRA.
Best Diversifiers for EFRA
256 ETFs have low correlation with EFRA (below 0.3), 56 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.35, down from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.35 | -0.12 | -0.02 | 57 | Oil & Gas | EFRA vs DBE | |
| ProShares UltraShort Yen | -0.32 | -0.20 | — | 72 | Leveraged Currency | EFRA vs YCS | |
| United States Gasoline Fund LP | -0.32 | -0.09 | — | 82 | Oil & Gas | EFRA vs UGA | |
| ProShares Short Bitcoin ETF | -0.26 | -0.26 | -0.27 | 53 | Cryptocurrency | EFRA vs BITI | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.23 | -0.01 | 0.07 | 56 | Commodities | EFRA vs GSG |
See all 2062 diversifiers for EFRA
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