Looking to diversify beyond ETHA? The ETFs below have the lowest correlation with ETHA — 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 ETHA.
Best Diversifiers for ETHA
615 ETFs have low correlation with ETHA (below 0.3), 48 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.11 | — | — | 71 | Oil & Gas | ETHA vs DBE | |
| FlexShares Ultra-Short Income ETF | -0.09 | — | — | 99 | Ultrashort Bond | ETHA vs RAVI | |
| United States Gasoline Fund LP | -0.09 | — | — | 69 | Oil & Gas | ETHA vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.09 | -0.10 | -0.10 | 98 | Inflation-Protected Bonds | ETHA vs RBIL | |
| United States Oil Fund LP | -0.09 | — | — | 66 | Oil & Gas | ETHA vs USO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ETHA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ETHA and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.15, roughly unchanged from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.15 | -0.07 | -0.07 | 51 | Financial Services | |
| Walmart Inc. | -0.13 | -0.01 | -0.01 | 63 | Consumer Defensive | |
| Verizon Communications Inc. | -0.12 | -0.12 | -0.12 | 59 | Communication Services | |
| Altria Group, Inc. | -0.10 | -0.08 | -0.08 | 69 | Consumer Defensive | |
| Duke Energy Corporation | -0.10 | -0.12 | -0.12 | 53 | Utilities |
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