Looking to diversify beyond EPI? The ETFs below have the lowest correlation with EPI — 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 EPI.
Best Diversifiers for EPI
658 ETFs have low correlation with EPI (below 0.3), 95 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.31, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.31 | -0.07 | 0.04 | 66 | Oil & Gas | EPI vs USO | |
| Invesco DB Energy Fund | -0.31 | -0.07 | 0.05 | 71 | Oil & Gas | EPI vs DBE | |
| Defiance Oil Enhanced Options Income ETF | -0.31 | — | — | 56 | Derivative Income | EPI vs USOY | |
| United States Brent Oil Fund LP | -0.30 | -0.06 | 0.04 | 65 | Oil & Gas | EPI vs BNO | |
| United States Gasoline Fund LP | -0.28 | -0.06 | 0.04 | 71 | Oil & Gas | EPI vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EPI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EPI and solid risk/return profiles. The least correlated is Northrop Grumman Corporation (NOC) (Industrials) with a 1Y correlation of -0.14, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Northrop Grumman Corporation | -0.14 | -0.01 | 0.06 | 52 | Industrials | |
| ConocoPhillips Company | -0.11 | 0.06 | 0.15 | 76 | Energy | |
| Exxon Mobil Corporation | -0.10 | 0.06 | 0.15 | 85 | Energy | |
| Altria Group, Inc. | -0.10 | 0.06 | 0.13 | 67 | Consumer Defensive | |
| BP p.l.c. | -0.07 | 0.11 | 0.18 | 87 | Energy |
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