Looking to diversify beyond ESGV? The ETFs below have the lowest correlation with ESGV — 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 ESGV.
Best Diversifiers for ESGV
294 ETFs have low correlation with ESGV (below 0.3), 38 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.25, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.25 | -0.07 | 0.05 | 55 | Oil & Gas | ESGV vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | — | — | 98 | Inflation-Protected Bonds | ESGV vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.20 | — | — | 97 | Inflation-Protected Bonds | ESGV vs RBIL | |
| ProShares UltraShort Yen | -0.19 | -0.03 | -0.02 | 63 | Leveraged Currency | ESGV vs YCS | |
| Direxion Daily NFLX Bear 1X Shares | -0.18 | -0.33 | -0.33 | 55 | Inverse Equities | ESGV vs NFXS |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ESGV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ESGV and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.23, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.23 | -0.02 | 0.09 | 72 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.22 | -0.00 | 0.13 | 72 | Energy | |
| The Coca-Cola Company | -0.19 | 0.02 | 0.18 | 74 | Consumer Defensive | |
| Chevron Corporation | -0.18 | 0.03 | 0.16 | 70 | Energy | |
| Duke Energy Corporation | -0.18 | -0.04 | 0.07 | 62 | Utilities |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ESGV
Add ESGV to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ESGV