Looking to diversify beyond ESMV? The ETFs below have the lowest correlation with ESMV — 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 ESMV.
Best Diversifiers for ESMV
378 ETFs have low correlation with ESMV (below 0.3), 14 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.26, down from -0.10 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.26 | -0.10 | — | 61 | Leveraged Currency | ESMV vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.12 | — | — | 97 | Inflation-Protected Bonds | ESMV vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.10 | — | — | 98 | Inflation-Protected Bonds | ESMV vs IBIC | |
| First Trust Alternative Absolute Return Strategy E... | -0.09 | -0.01 | — | 70 | Commodities | ESMV vs FAAR | |
| VanEck Commodity Strategy ETF | -0.06 | 0.02 | — | 55 | Commodities | ESMV vs PIT |
See all 2068 diversifiers for ESMV
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