Looking to diversify beyond EMGF? The ETFs below have the lowest correlation with EMGF — 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 EMGF.
Best Diversifiers for EMGF
330 ETFs have low correlation with EMGF (below 0.3), 36 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.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.29 | -0.19 | -0.15 | 63 | Leveraged Currency | EMGF vs YCS | |
| United States Gasoline Fund LP | -0.20 | 0.00 | 0.10 | 55 | Oil & Gas | EMGF vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | — | — | 98 | Inflation-Protected Bonds | EMGF vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.14 | -0.05 | -0.01 | 100 | Government Bonds, Ultrashort Bond | EMGF vs USFR | |
| Texas Capital Government Money Market ETF | -0.14 | — | — | 100 | Money Market | EMGF vs MMKT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EMGF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EMGF and solid risk/return profiles. The least correlated is Welltower Inc. (WELL) (Real Estate) with a 1Y correlation of 0.00, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Welltower Inc. | 0.00 | 0.14 | 0.22 | 86 | Real Estate | |
| Broadcom Inc. | 0.53 | 0.47 | 0.48 | 72 | Technology | |
| Micron Technology, Inc. | 0.61 | 0.53 | 0.53 | 99 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.68 | 0.62 | 0.62 | 93 | Technology |
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