Looking to diversify beyond EMXF? The ETFs below have the lowest correlation with EMXF — 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 EMXF.
Best Diversifiers for EMXF
392 ETFs have low correlation with EMXF (below 0.3), 73 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.41, roughly unchanged from -0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.41 | -0.31 | -0.31 | 53 | Cryptocurrency | EMXF vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.36 | -0.35 | -0.35 | 65 | Inverse Equities, Leveraged Equities | EMXF vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.36 | — | — | 56 | Inverse Equities | EMXF vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.35 | — | — | 70 | Derivative Income | EMXF vs WNTR | |
| ProShares UltraShort Yen | -0.27 | -0.18 | -0.15 | 72 | Leveraged Currency | EMXF vs YCS |
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