Looking to balance out your exposure to EIG? The ETFs below have the lowest correlation with EIG — they tend to move on their own, which can help reduce risk when EIG drops. The stock ideas table highlights individual companies that behave independently from EIG.
Best Diversifiers for EIG
1 ETFs have low correlation with EIG (below 0.3), 1 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of -0.01, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | -0.01 | 0.13 | 0.23 | 66 | S&P 500 | EIG vs VOO | |
| Schwab U.S. Dividend Equity ETF | 0.39 | 0.42 | 0.45 | 91 | Dividend | EIG vs SCHD |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EIG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EIG and solid risk/return profiles. The least correlated is Adecoagro S.A. (AGRO) (Consumer Defensive) with a 1Y correlation of -0.05, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Adecoagro S.A. | -0.05 | 0.06 | 0.12 | 50 | Consumer Defensive | |
| Scholastic Corporation | 0.19 | 0.25 | 0.29 | 97 | Communication Services |
Build a portfolio that complements EIG
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