Looking to balance out your exposure to EGY? The ETFs below have historically moved differently from EGY, 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 EGY
7 ETFs have low correlation with EGY (below 0.3), 3 of which are negatively correlated. The least correlated is Vanguard Total Stock Market ETF (VTI) (Large Cap Blend Equities) with a 1Y correlation of -0.06, down from 0.24 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Total Stock Market ETF | -0.06 | 0.14 | 0.24 | 67 | Large Cap Blend Equities | EGY vs VTI | |
| JPMorgan Nasdaq Equity Premium Income ETF | -0.05 | 0.06 | 0.15 | 55 | Nasdaq-100, Derivative Income | EGY vs JEPQ | |
| WisdomTree Japan Hedged Equity Fund | -0.01 | 0.14 | 0.21 | 93 | Japan Equities, Asia Pacific Equities | EGY vs DXJ | |
| Vanguard Dividend Appreciation ETF | 0.01 | 0.17 | 0.22 | 75 | Dividend | EGY vs VIG | |
| VanEck Semiconductor ETF | 0.02 | 0.10 | 0.19 | 87 | Semiconductors, Technology Equities | EGY vs SMH |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for EGY, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of -0.19, down from 0.10 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | -0.19 | 0.00 | 0.10 | 89 | Technology | |
| Annaly Capital Management, Inc. | -0.11 | 0.13 | 0.19 | 80 | Real Estate | |
| Napco Security Technologies, Inc. | -0.10 | 0.05 | 0.10 | 63 | Industrials | |
| AGNC Investment Corp. | -0.09 | 0.12 | 0.18 | 79 | Real Estate | |
| Alphabet Inc. Class A | -0.09 | 0.05 | 0.14 | 95 | Communication Services |
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