Looking to diversify beyond ESBG? The ETFs below have the lowest correlation with ESBG — 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 ESBG.
Best Diversifiers for ESBG
303 ETFs have low correlation with ESBG (below 0.3), 44 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.34, roughly unchanged from -0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.34 | -0.34 | -0.34 | 61 | Leveraged Currency | ESBG vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.26 | -0.26 | -0.26 | 98 | Inflation-Protected Bonds | ESBG vs RBIL | |
| Invesco DB Energy Fund | -0.23 | -0.23 | -0.23 | 71 | Oil & Gas | ESBG vs DBE | |
| United States Brent Oil Fund LP | -0.22 | -0.22 | -0.22 | 65 | Oil & Gas | ESBG vs BNO | |
| United States 12 Month Oil Fund LP | -0.16 | -0.16 | -0.16 | 56 | Oil & Gas | ESBG vs USL |
See all 2078 diversifiers for ESBG
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ESBG
Add ESBG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ESBG