Looking to diversify beyond EMET? The ETFs below have the lowest correlation with EMET — 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 EMET.
Best Diversifiers for EMET
473 ETFs have low correlation with EMET (below 0.3), 40 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.41, roughly unchanged from -0.40 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.41 | -0.40 | — | 51 | Currency | EMET vs UUP | |
| Proshares Ultrashort Bitcoin ETF | -0.32 | -0.29 | -0.29 | 52 | Cryptocurrency, Leveraged Cryptocurrency | EMET vs SBIT | |
| ProShares Short Bitcoin ETF | -0.32 | -0.26 | -0.29 | 57 | Cryptocurrency | EMET vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.26 | — | — | 60 | Inverse Equities | EMET vs SMST | |
| Return Stacked Bonds & Futures Yield ETF | -0.26 | — | — | 51 | Multistrategy | EMET vs RSBY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EMET, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EMET and solid risk/return profiles. The least correlated is Caterpillar Inc. (CAT) (Industrials) with a 1Y correlation of 0.43, roughly unchanged from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Caterpillar Inc. | 0.43 | 0.48 | 0.51 | 97 | Industrials | |
| Southern Copper Corporation | 0.82 | 0.83 | 0.81 | 84 | Basic Materials |
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