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Looking to diversify beyond EIS? The ETFs below have the lowest correlation with EIS — 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 EIS.

Best Diversifiers for EIS

418 ETFs have low correlation with EIS (below 0.3), 48 of which are negatively correlated.


See all 2073 diversifiers for EIS

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from EIS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EIS and solid risk/return profiles. The least correlated is Enterprise Products Partners L.P. (EPD) (Energy) with a 1Y correlation of -0.08, down from 0.25 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Enterprise Products Partners L.P.-0.080.130.25
82
Energy
Madrigal Pharmaceuticals, Inc.0.190.210.27
83
Healthcare
Amazon.com, Inc0.370.420.49
52
Consumer Cyclical
ASML Holding N.V.0.370.430.51
96
Technology
Lam Research Corporation0.390.410.49
99
Technology

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Diversification Analysis

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