Looking to diversify beyond ESG? The ETFs below have the lowest correlation with ESG — 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 ESG.
Best Diversifiers for ESG
288 ETFs have low correlation with ESG (below 0.3), 35 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.24, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.24 | -0.06 | 0.07 | 55 | Oil & Gas | ESG vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | ESG vs IBIC | |
| ProShares UltraShort Yen | -0.20 | -0.04 | -0.02 | 63 | Leveraged Currency | ESG vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.19 | — | — | 97 | Inflation-Protected Bonds | ESG vs RBIL | |
| Direxion Daily NFLX Bear 1X Shares | -0.17 | -0.30 | -0.30 | 55 | Inverse Equities | ESG vs NFXS |
See all 1947 diversifiers for ESG
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ESG
Add ESG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ESG