Looking to diversify beyond ENHI? The ETFs below have the lowest correlation with ENHI — 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 ENHI.
Best Diversifiers for ENHI
1 ETFs have low correlation with ENHI (below 0.3), 1 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.36, roughly unchanged from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.36 | -0.36 | -0.36 | 100 | Ultrashort Bond | ENHI vs SGOV | |
| iShares Core Dividend Growth ETF | 0.52 | 0.52 | 0.52 | 77 | Large Cap Growth Equities, Dividend | ENHI vs DGRO | |
| iShares MSCI Israel ETF | 0.62 | 0.62 | 0.62 | 57 | Foreign Large Cap Equities | ENHI vs EIS | |
| Renaissance International IPO ETF | 0.67 | 0.67 | 0.67 | 83 | Foreign Large Cap Equities | ENHI vs IPOS | |
| Pacer Developed Markets International Cash Cows 10... | 0.78 | 0.78 | 0.78 | 68 | Foreign Large Cap Equities | ENHI vs ICOW |
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