Looking to diversify beyond ERY? The ETFs below have the lowest correlation with ERY — 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 ERY.
Best Diversifiers for ERY
2067 ETFs have low correlation with ERY (below 0.3), 565 of which are negatively correlated. The least correlated is FT Energy Income Partners Strategy ETF (EIPX) (Energy Equities) with a 1Y correlation of -0.80, roughly unchanged from -0.83 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| FT Energy Income Partners Strategy ETF | -0.80 | -0.83 | — | 75 | Energy Equities | ERY vs EIPX | |
| iShares North American Natural Resources ETF | -0.78 | -0.88 | -0.93 | 61 | Energy Equities | ERY vs IGE | |
| VanEck Oil Services ETF | -0.73 | -0.79 | -0.85 | 68 | Energy Equities | ERY vs OIH | |
| iShares U.S. Oil Equipment & Services ETF | -0.72 | -0.79 | -0.85 | 66 | Energy Equities | ERY vs IEZ | |
| SPDR S&P Oil & Gas Equipment & Services ETF | -0.71 | -0.77 | -0.83 | 77 | Energy Equities | ERY vs XES |
See all 2069 diversifiers for ERY
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Diversification Analysis
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