Looking to diversify beyond EIPI? The ETFs below have historically moved differently from EIPI, 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 EIPI
2002 ETFs have low correlation with EIPI (below 0.3), 844 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AB Tax-Aware Short Duration ETF | -0.19 | — | — | 78 | Municipal Bonds | EIPI vs TAFI | |
| BNY Mellon Ultra Short Income ETF | -0.19 | — | — | 99 | Ultrashort Bond | EIPI vs BKUI | |
| Eaton Vance Intermediate Municipal Income ETF | -0.18 | — | — | 76 | Municipal Bonds | EIPI vs EVIM | |
| Invesco BulletShares 2030 Municipal Bond ETF | -0.18 | — | — | 55 | Municipal Bonds | EIPI vs BSMU | |
| Vanguard Ultra-Short Bond ETF | -0.16 | -0.01 | -0.01 | 99 | Ultrashort Bond | EIPI vs VUSB |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for EIPI, 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 Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) (Technology) with a 1Y correlation of 0.01, roughly unchanged from 0.01 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Strategy Inc Variable Rate Series A Perpetual Stre... | 0.01 | 0.01 | 0.01 | 57 | Technology | |
| FLEX LNG Ltd | 0.27 | — | — | 84 | Energy | |
| Reaves Utility Income Trust | 0.27 | — | — | 55 | Financial Services | |
| Cohen & Steers Quality Income Realty Fund, Inc. | 0.31 | 0.41 | 0.41 | 66 | Financial Services | |
| Realty Income Corporation | 0.39 | 0.35 | 0.35 | 77 | Real Estate |
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