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Looking to diversify beyond EMCR? The ETFs below have the lowest correlation with EMCR — 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 EMCR.

Best Diversifiers for EMCR

326 ETFs have low correlation with EMCR (below 0.3), 44 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.29, down from -0.15 over 5 years.


See all 2068 diversifiers for EMCR

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from EMCR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EMCR and solid risk/return profiles. The least correlated is Novartis AG (NVS) (Healthcare) with a 1Y correlation of 0.17, roughly unchanged from 0.21 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Novartis AG0.170.170.21
80
Healthcare
Powell Industries, Inc.0.500.370.34
99
Industrials

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Diversification Analysis

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