Looking to diversify beyond ESGE? The ETFs below have the lowest correlation with ESGE — 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 ESGE.
Best Diversifiers for ESGE
320 ETFs have low correlation with ESGE (below 0.3), 37 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.29, down from -0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.29 | -0.19 | -0.16 | 61 | Leveraged Currency | ESGE vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | ESGE vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.17 | — | — | 97 | Inflation-Protected Bonds | ESGE vs RBIL | |
| WisdomTree Floating Rate Treasury Fund | -0.14 | -0.04 | -0.02 | 100 | Government Bonds, Ultrashort Bond | ESGE vs USFR | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.14 | — | — | 95 | Inflation-Protected Bonds | ESGE vs IBID |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ESGE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ESGE and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) 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 |
|---|---|---|---|---|---|---|
| Apple Inc | 0.32 | 0.35 | 0.42 | 88 | Technology | |
| Amazon.com, Inc | 0.44 | 0.43 | 0.46 | 52 | Consumer Cyclical | |
| Tesla, Inc. | 0.48 | 0.41 | 0.43 | 59 | Consumer Cyclical | |
| Advanced Micro Devices, Inc. | 0.58 | 0.52 | 0.53 | 97 | Technology |
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