Looking to diversify beyond EMCS? The ETFs below have the lowest correlation with EMCS — 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 EMCS.
Best Diversifiers for EMCS
395 ETFs have low correlation with EMCS (below 0.3), 75 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.31, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.31 | -0.01 | 0.09 | 66 | Oil & Gas | EMCS vs USO | |
| United States Brent Oil Fund LP | -0.29 | 0.00 | 0.09 | 65 | Oil & Gas | EMCS vs BNO | |
| ProShares UltraShort Yen | -0.29 | -0.18 | -0.15 | 63 | Leveraged Currency | EMCS vs YCS | |
| Defiance Oil Enhanced Options Income ETF | -0.28 | — | — | 56 | Derivative Income | EMCS vs USOY | |
| Invesco DB Energy Fund | -0.28 | 0.00 | 0.10 | 71 | Oil & Gas | EMCS vs DBE |
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