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
541 ETFs have low correlation with EMCB (below 0.3), 61 of which are negatively correlated. The least correlated is YieldMax Short MSTR Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.29, roughly unchanged from -0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.29 | -0.26 | -0.26 | 65 | Derivative Income | EMCB vs WNTR | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.29 | -0.15 | -0.15 | 60 | Inverse Equities, Leveraged Equities | EMCB vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.29 | — | — | 53 | Inverse Equities | EMCB vs SMST | |
| United States Gasoline Fund LP | -0.21 | -0.03 | -0.01 | 72 | Oil & Gas | EMCB vs UGA | |
| First Trust Alternative Absolute Return Strategy E... | -0.14 | -0.01 | -0.01 | 67 | Commodities | EMCB vs FAAR |
See all 2056 diversifiers for EMCB
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