Looking to diversify beyond EFZ? The ETFs below have historically moved differently from EFZ, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for EFZ
2008 ETFs have low correlation with EFZ (below 0.3), 1945 of which are negatively correlated. The least correlated is iShares ESG Aware MSCI EAFE ETF (ESGD) (Foreign Large Cap Equities) with a 1Y correlation of -0.94, roughly unchanged from -0.98 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares ESG Aware MSCI EAFE ETF | -0.94 | -0.97 | -0.98 | 65 | Foreign Large Cap Equities | EFZ vs ESGD | |
| iShares Core MSCI EAFE ETF | -0.94 | -0.97 | -0.98 | 67 | Foreign Large Cap Equities | EFZ vs IEFA | |
| iShares MSCI EAFE ETF | -0.94 | -0.97 | -0.98 | 68 | Foreign Large Cap Equities | EFZ vs EFA | |
| JPMorgan BetaBuilders International Equity ETF | -0.94 | -0.96 | -0.98 | 66 | Foreign Large Cap Equities | EFZ vs BBIN | |
| SPDR MSCI EAFE Fossil Fuel Free ETF | -0.94 | -0.97 | -0.98 | 56 | Foreign Large Cap Equities | EFZ vs EFAX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements EFZ
Add EFZ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EFZ