Looking to diversify beyond EMTL? The ETFs below have the lowest correlation with EMTL — 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 EMTL.
Best Diversifiers for EMTL
315 ETFs have low correlation with EMTL (below 0.3), 69 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.30, roughly unchanged from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.30 | -0.34 | -0.37 | 51 | Currency | EMTL vs UUP | |
| Invesco DB Energy Fund | -0.29 | -0.10 | -0.01 | 53 | Oil & Gas | EMTL vs DBE | |
| United States Gasoline Fund LP | -0.26 | -0.08 | -0.03 | 78 | Oil & Gas | EMTL vs UGA | |
| ProShares Short Bitcoin ETF | -0.26 | -0.16 | -0.17 | 57 | Cryptocurrency | EMTL vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.25 | -0.20 | -0.20 | 52 | Cryptocurrency, Leveraged Cryptocurrency | EMTL vs SBIT |
See all 2040 diversifiers for EMTL
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Diversification Analysis
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