Looking to balance out your exposure to ELAB? The ETFs below have the lowest correlation with ELAB — they tend to move on their own, which can help reduce risk when ELAB drops. The stock ideas table highlights individual companies that behave independently from ELAB.
Best Diversifiers for ELAB
1 ETFs have low correlation with ELAB (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Total Stock Market ETF | 0.19 | — | — | 68 | Large Cap Blend Equities | ELAB vs VTI |
Diversification Analysis
Build a portfolio that complements ELAB
Add ELAB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ELAB