Looking to balance out your exposure to EGLE? The ETFs below have the lowest correlation with EGLE — they tend to move on their own, which can help reduce risk when EGLE drops. The stock ideas table highlights individual companies that behave independently from EGLE.
Best Diversifiers for EGLE
0 ETFs have low correlation with EGLE (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab Fundamental U.S. Large Company Index ETF | 0.79 | — | — | 90 | Large Cap Value Equities | EGLE vs FNDX | |
| Global X S&P 500 Tail Risk ETF | 0.88 | — | — | 61 | Equity Hedged, S&P 500 | EGLE vs XTR |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EGLE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EGLE and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Star Bulk Carriers Corp. | 0.23 | — | — | 89 | Industrials | |
| ZIM Integrated Shipping Services Ltd. | 0.25 | — | — | 72 | Industrials |
Diversification Analysis
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Add EGLE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
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