Looking to diversify beyond EMKT? The ETFs below have the lowest correlation with EMKT — 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 EMKT.
Best Diversifiers for EMKT
316 ETFs have low correlation with EMKT (below 0.3), 54 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.40, roughly unchanged from -0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.40 | -0.40 | -0.40 | 53 | Cryptocurrency | EMKT vs BITI | |
| ETRACS Alerian MLP Infrastructure Index ETN Series... | -0.21 | -0.21 | -0.21 | 57 | MLPs | EMKT vs MLPB | |
| Global X MLP ETF | -0.20 | -0.20 | -0.20 | 50 | MLPs | EMKT vs MLPA | |
| Tortoise North American Pipeline Fund | -0.20 | -0.20 | -0.20 | 78 | Energy Equities | EMKT vs TPYP | |
| Barclays ETN+ Select MLP ETN | -0.19 | -0.19 | -0.19 | 60 | MLPs | EMKT vs ATMP |
See all 1999 diversifiers for EMKT
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