Looking to diversify beyond EMCB? The ETFs below have the lowest correlation with EMCB — 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 EMCB.
Best Diversifiers for EMCB
576 ETFs have low correlation with EMCB (below 0.3), 38 of which are negatively correlated. The least correlated is First Trust Alternative Absolute Return Strategy ETF (FAAR) (Commodities) with a 1Y correlation of -0.14, down from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Alternative Absolute Return Strategy E... | -0.14 | -0.01 | -0.01 | 70 | Commodities | EMCB vs FAAR | |
| Alerian Energy Infrastructure ETF | -0.13 | 0.07 | 0.13 | 50 | Energy Equities | EMCB vs ENFR | |
| VanEck Commodity Strategy ETF | -0.13 | 0.00 | — | 55 | Commodities | EMCB vs PIT | |
| Brookstone Ultra-Short Bond ETF | -0.12 | — | — | 98 | Ultrashort Bond | EMCB vs BAMU | |
| USCF Midstream Energy Income Fund ETF | -0.10 | 0.07 | 0.12 | 54 | Energy Equities | EMCB vs UMI |
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