Looking to diversify beyond ELFY? The ETFs below have the lowest correlation with ELFY — 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 ELFY.
Best Diversifiers for ELFY
348 ETFs have low correlation with ELFY (below 0.3), 41 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.25 | — | — | 97 | Inflation-Protected Bonds | ELFY vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | ELFY vs IBIC | |
| United States Gasoline Fund LP | -0.20 | -0.15 | -0.15 | 55 | Oil & Gas | ELFY vs UGA | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.18 | — | — | 95 | Inflation-Protected Bonds | ELFY vs IBID | |
| ProShares UltraShort Yen | -0.15 | — | — | 63 | Leveraged Currency | ELFY vs YCS |
See all 1950 diversifiers for ELFY
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Diversification Analysis
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