Looking to balance out your exposure to EOT? The ETFs below have the lowest correlation with EOT — they tend to move on their own, which can help reduce risk when EOT drops. The stock ideas table highlights individual companies that behave independently from EOT.
Best Diversifiers for EOT
0 ETFs have low correlation with EOT (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Tax-Exempt Bond ETF (VTEB) (Municipal Bonds) with a 1Y correlation of 0.33, roughly unchanged from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Tax-Exempt Bond ETF | 0.33 | 0.48 | 0.42 | 73 | Municipal Bonds | EOT vs VTEB |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EOT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EOT and solid risk/return profiles. The least correlated is Nuveen AMT-Free Quality Municipal Income Fund (NEA) (Financial Services) with a 1Y correlation of 0.43, roughly unchanged from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Nuveen AMT-Free Quality Municipal Income Fund | 0.43 | 0.53 | 0.43 | 79 | Financial Services | |
| Nuveen Quality Municipal Income Fund | 0.45 | 0.52 | 0.42 | 75 | Financial Services |
Build a portfolio that complements EOT
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