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
312 ETFs have low correlation with EFRA (below 0.3), 57 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 -0.08 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.35 | -0.08 | — | 71 | Oil & Gas | EFRA vs DBE | |
| United States Oil Fund LP | -0.33 | -0.07 | — | 66 | Oil & Gas | EFRA vs USO | |
| United States Brent Oil Fund LP | -0.33 | -0.07 | — | 65 | Oil & Gas | EFRA vs BNO | |
| ProShares UltraShort Yen | -0.33 | -0.20 | — | 61 | Leveraged Currency | EFRA vs YCS | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.32 | -0.06 | — | 55 | Oil & Gas | EFRA vs OILK |
See all 2109 diversifiers for EFRA
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