Looking to diversify beyond EMEQ? The ETFs below have the lowest correlation with EMEQ — 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 EMEQ.
Best Diversifiers for EMEQ
498 ETFs have low correlation with EMEQ (below 0.3), 76 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.43, roughly unchanged from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.43 | -0.35 | -0.35 | 57 | Cryptocurrency | EMEQ vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.42 | -0.35 | -0.35 | 52 | Cryptocurrency, Leveraged Cryptocurrency | EMEQ vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.38 | — | — | 60 | Inverse Equities | EMEQ vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.38 | — | — | 70 | Derivative Income | EMEQ vs WNTR | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.38 | — | — | 68 | Inverse Equities, Leveraged Equities | EMEQ vs MSTZ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EMEQ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EMEQ and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cheniere Energy, Inc. | -0.19 | — | — | 58 | Energy | |
| CF Industries Holdings, Inc. | -0.18 | — | — | 64 | Basic Materials | |
| Talos Energy Inc. | -0.11 | — | — | 78 | Energy | |
| Chevron Corporation | -0.11 | — | — | 70 | Energy | |
| Exxon Mobil Corporation | -0.10 | — | — | 75 | Energy |
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