Looking to diversify beyond EIS? The ETFs below have historically moved differently from EIS, 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 EIS
589 ETFs have low correlation with EIS (below 0.3), 102 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.42, roughly unchanged from -0.32 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.42 | -0.32 | — | 51 | Cryptocurrency | EIS vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.40 | — | — | 69 | Derivative Income | EIS vs WNTR | |
| Invesco DB Energy Fund | -0.20 | -0.06 | 0.07 | 66 | Oil & Gas | EIS vs DBE | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.20 | — | — | 97 | Inflation-Protected Bonds | EIS vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | EIS vs IBIC |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for EIS, 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 Enterprise Products Partners L.P. (EPD) (Energy) with a 1Y correlation of -0.16, down from 0.22 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Enterprise Products Partners L.P. | -0.16 | 0.09 | 0.22 | 89 | Energy | |
| Madrigal Pharmaceuticals, Inc. | 0.19 | 0.21 | 0.27 | 79 | Healthcare | |
| Celestica Inc. | 0.36 | 0.41 | 0.46 | 76 | Technology | |
| Amazon.com, Inc | 0.43 | 0.42 | 0.49 | 72 | Consumer Cyclical | |
| ASML Holding N.V. | 0.43 | 0.45 | 0.51 | 96 | Technology |
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