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
383 ETFs have low correlation with EMGF (below 0.3), 73 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.32, 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 | -0.32 | -0.00 | 0.09 | 66 | Oil & Gas | EMGF vs USO | |
| Invesco DB Energy Fund | -0.31 | 0.00 | 0.10 | 71 | Oil & Gas | EMGF vs DBE | |
| United States Brent Oil Fund LP | -0.30 | 0.01 | 0.09 | 65 | Oil & Gas | EMGF vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.30 | — | — | 56 | Derivative Income | EMGF vs USOY | |
| ProShares UltraShort Yen | -0.29 | -0.20 | -0.16 | 61 | Leveraged Currency | EMGF vs YCS |
To view more results, upgrade your current subscription plan.
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 0.04, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Welltower Inc. | 0.04 | 0.16 | 0.23 | 79 | Real Estate | |
| Tesla, Inc. | 0.42 | 0.39 | 0.41 | 55 | Consumer Cyclical | |
| Broadcom Inc. | 0.49 | 0.46 | 0.48 | 84 | Technology | |
| Micron Technology, Inc. | 0.58 | 0.52 | 0.53 | 99 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.67 | 0.61 | 0.62 | 95 | Technology |
Build a portfolio that complements EMGF
Add EMGF to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EMGF