Looking to balance out your exposure to EMPG? The ETFs below have the lowest correlation with EMPG — they tend to move on their own, which can help reduce risk when EMPG drops. The stock ideas table highlights individual companies that behave independently from EMPG.
Best Diversifiers for EMPG
2 ETFs have low correlation with EMPG (below 0.3), 2 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Breakwave Tanker Shipping ETF | -0.10 | — | — | 99 | Commodities | EMPG vs BWET | |
| Direxion Daily MU Bull 2X Shares | -0.01 | — | — | 98 | Leveraged Equities, Semiconductors | EMPG vs MUU |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EMPG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EMPG and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Sandisk Corporation | 0.00 | — | — | 100 | Technology |
Diversification Analysis
Build a portfolio that complements EMPG
Add EMPG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EMPG