Looking to diversify beyond EMBD? The ETFs below have the lowest correlation with EMBD — 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 EMBD.
Best Diversifiers for EMBD
473 ETFs have low correlation with EMBD (below 0.3), 69 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.34, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.34 | -0.10 | -0.03 | 72 | Oil & Gas | EMBD vs UGA | |
| ProShares UltraShort Yen | -0.33 | -0.26 | -0.31 | 75 | Leveraged Currency | EMBD vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.29 | — | — | 98 | Inflation-Protected Bonds | EMBD vs IBIC | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.28 | -0.05 | 0.01 | 51 | Commodities | EMBD vs PDBC | |
| United States Commodity Index Fund | -0.26 | -0.04 | 0.05 | 65 | Commodities | EMBD vs USCI |
See all 1950 diversifiers for EMBD
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