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
362 ETFs have low correlation with EMBD (below 0.3), 42 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.35, roughly unchanged from -0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.35 | -0.27 | -0.31 | 61 | Leveraged Currency | EMBD vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.32 | — | — | 98 | Inflation-Protected Bonds | EMBD vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.27 | — | — | 97 | Inflation-Protected Bonds | EMBD vs RBIL | |
| VanEck Commodity Strategy ETF | -0.25 | -0.03 | — | 55 | Commodities | EMBD vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.23 | -0.09 | -0.06 | 70 | Commodities | EMBD vs FAAR |
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