Looking to balance out your exposure to EPM? The ETFs below have the lowest correlation with EPM — they tend to move on their own, which can help reduce risk when EPM drops. The stock ideas table highlights individual companies that behave independently from EPM.
Best Diversifiers for EPM
3 ETFs have low correlation with EPM (below 0.3), 2 of which are negatively correlated. The least correlated is Vanguard Information Technology ETF (VGT) (Technology Equities) with a 1Y correlation of -0.03, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Information Technology ETF | -0.03 | 0.12 | 0.18 | 76 | Technology Equities | EPM vs VGT | |
| Global X NASDAQ 100 Covered Call ETF | -0.01 | 0.09 | 0.17 | 88 | Nasdaq-100, Derivative Income | EPM vs QYLD | |
| Vanguard S&P 500 ETF | 0.02 | 0.18 | 0.25 | 70 | S&P 500 | EPM vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EPM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EPM and solid risk/return profiles. The least correlated is CVR Energy, Inc. (CVI) (Energy) with a 1Y correlation of 0.32, down from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CVR Energy, Inc. | 0.32 | 0.37 | 0.42 | 65 | Energy | |
| Plains All American Pipeline, L.P. | 0.35 | 0.39 | 0.46 | 87 | Energy |
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