Looking to diversify beyond EMHC? The ETFs below have the lowest correlation with EMHC — 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 EMHC.
Best Diversifiers for EMHC
244 ETFs have low correlation with EMHC (below 0.3), 65 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.36, roughly unchanged from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.36 | -0.35 | -0.37 | 75 | Leveraged Currency | EMHC vs YCS | |
| United States Gasoline Fund LP | -0.33 | -0.11 | -0.04 | 72 | Oil & Gas | EMHC vs UGA | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.29 | -0.07 | 0.01 | 51 | Commodities | EMHC vs PDBC | |
| Defiance Daily Target 2X Short MSTR ETF | -0.24 | -0.26 | -0.26 | 53 | Inverse Equities | EMHC vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.24 | -0.24 | -0.24 | 60 | Inverse Equities, Leveraged Equities | EMHC vs MSTZ |
See all 2052 diversifiers for EMHC
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