Looking to diversify beyond EMDV? The ETFs below have the lowest correlation with EMDV — 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 EMDV.
Best Diversifiers for EMDV
416 ETFs have low correlation with EMDV (below 0.3), 75 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.42, roughly unchanged from -0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.42 | -0.38 | -0.42 | 51 | Currency | EMDV vs UUP | |
| ProShares Short Bitcoin ETF | -0.34 | -0.23 | -0.26 | 57 | Cryptocurrency | EMDV vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.33 | -0.29 | -0.29 | 52 | Cryptocurrency, Leveraged Cryptocurrency | EMDV vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.32 | — | — | 68 | Inverse Equities, Leveraged Equities | EMDV vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.32 | — | — | 60 | Inverse Equities | EMDV vs SMST |
See all 2041 diversifiers for EMDV
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