Looking to diversify beyond EIRL? The ETFs below have the lowest correlation with EIRL — 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 EIRL.
Best Diversifiers for EIRL
334 ETFs have low correlation with EIRL (below 0.3), 34 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.35, down from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.35 | -0.18 | -0.14 | 63 | Leveraged Currency | EIRL vs YCS | |
| United States Gasoline Fund LP | -0.23 | -0.09 | 0.05 | 55 | Oil & Gas | EIRL vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | — | — | 98 | Inflation-Protected Bonds | EIRL vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.20 | — | — | 97 | Inflation-Protected Bonds | EIRL vs RBIL | |
| TCW AAA CLO ETF | -0.18 | — | — | 99 | CLO | EIRL vs ACLO |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EIRL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EIRL and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.18, down from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.18 | 0.31 | 0.42 | 72 | Technology |
Build a portfolio that complements EIRL
Add EIRL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EIRL