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
268 ETFs have low correlation with EMTL (below 0.3), 35 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.28, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.28 | -0.08 | -0.03 | 55 | Oil & Gas | EMTL vs UGA | |
| ProShares UltraShort Yen | -0.25 | -0.30 | -0.36 | 63 | Leveraged Currency | EMTL vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.21 | -0.14 | -0.14 | 97 | Inflation-Protected Bonds | EMTL vs RBIL | |
| VanEck Commodity Strategy ETF | -0.18 | -0.00 | 0.02 | 57 | Commodities | EMTL vs PIT | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.16 | 0.02 | 0.02 | 50 | Commodities | EMTL vs CMDT |
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