Looking to diversify beyond EQL? The ETFs below have the lowest correlation with EQL — 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 EQL.
Best Diversifiers for EQL
241 ETFs have low correlation with EQL (below 0.3), 22 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.29, down from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.29 | -0.11 | -0.07 | 61 | Leveraged Currency | EQL vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.19 | — | — | 97 | Inflation-Protected Bonds | EQL vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.12 | — | — | 98 | Inflation-Protected Bonds | EQL vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.12 | -0.01 | -0.02 | 100 | Government Bonds, Ultrashort Bond | EQL vs USFR | |
| iShares 0-3 Month Treasury Bond ETF | -0.08 | -0.01 | -0.01 | 100 | Ultrashort Bond | EQL vs SGOV |
See all 1998 diversifiers for EQL
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements EQL
Add EQL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EQL