Looking to diversify beyond ELM? The ETFs below have the lowest correlation with ELM — 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 ELM.
Best Diversifiers for ELM
221 ETFs have low correlation with ELM (below 0.3), 32 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.36 | — | — | 61 | Leveraged Currency | ELM vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.22 | — | — | 97 | Inflation-Protected Bonds | ELM vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | ELM vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.15 | — | — | 100 | Government Bonds, Ultrashort Bond | ELM vs USFR | |
| iShares Enhanced Short-Term Bond Active ETF | -0.15 | — | — | 99 | Ultrashort Bond | ELM vs CSHP |
See all 2068 diversifiers for ELM
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Diversification Analysis
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