Looking to diversify beyond EMB? The ETFs below have the lowest correlation with EMB — 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 EMB.
Best Diversifiers for EMB
196 ETFs have low correlation with EMB (below 0.3), 43 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.42, roughly unchanged from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.42 | -0.36 | -0.37 | 63 | Leveraged Currency | EMB vs YCS | |
| United States Gasoline Fund LP | -0.40 | -0.13 | -0.05 | 55 | Oil & Gas | EMB vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.27 | — | — | 97 | Inflation-Protected Bonds | EMB vs RBIL | |
| VanEck Commodity Strategy ETF | -0.26 | -0.02 | — | 57 | Commodities | EMB vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.24 | -0.07 | -0.05 | 75 | Commodities | EMB vs FAAR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EMB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EMB and solid risk/return profiles. The least correlated is Antero Midstream Corporation (AM) (Energy) with a 1Y correlation of -0.06, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Antero Midstream Corporation | -0.06 | 0.19 | 0.21 | 75 | Energy | |
| Walmart Inc. | -0.00 | 0.12 | 0.16 | 69 | Consumer Defensive | |
| Target Corporation | 0.13 | 0.23 | 0.27 | 78 | Consumer Defensive | |
| NVIDIA Corporation | 0.16 | 0.23 | 0.29 | 72 | Technology | |
| W. P. Carey Inc. | 0.17 | 0.32 | 0.32 | 72 | Real Estate |
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