Looking to diversify beyond EIDO? The ETFs below have the lowest correlation with EIDO — 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 EIDO.
Best Diversifiers for EIDO
1385 ETFs have low correlation with EIDO (below 0.3), 93 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.23 | — | — | 98 | Inflation-Protected Bonds | EIDO vs RBIL | |
| Invesco DB Energy Fund | -0.23 | -0.06 | 0.06 | 71 | Oil & Gas | EIDO vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.23 | — | — | 98 | Inflation-Protected Bonds | EIDO vs IBIC | |
| United States Brent Oil Fund LP | -0.21 | -0.04 | 0.06 | 65 | Oil & Gas | EIDO vs BNO | |
| United States Oil Fund LP | -0.21 | -0.04 | 0.07 | 66 | Oil & Gas | EIDO vs USO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EIDO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EIDO and solid risk/return profiles. The least correlated is Rolls-Royce Holdings plc (RYCEY) (Industrials) with a 1Y correlation of 0.27, roughly unchanged from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Rolls-Royce Holdings plc | 0.27 | 0.24 | 0.24 | 70 | Industrials |
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