Looking to balance out your exposure to ETV? The ETFs below have the lowest correlation with ETV — they tend to move on their own, which can help reduce risk when ETV drops. The stock ideas table highlights individual companies that behave independently from ETV.
Best Diversifiers for ETV
9 ETFs have low correlation with ETV (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Regan Floating Rate MBS ETF | 0.01 | — | — | 70 | Bank Loan | ETV vs MBSF | |
| Vanguard Short-Term Treasury ETF | 0.02 | 0.05 | 0.04 | 83 | Government Bonds, Short-Term Bond | ETV vs VGSH | |
| VanEck CLO ETF | 0.08 | 0.06 | 0.03 | 97 | CLO | ETV vs CLOI | |
| Angel Oak Mortgage-Backed Securities ETF | 0.11 | — | — | 69 | Intermediate Core-Plus Bond | ETV vs MBS | |
| Janus Henderson AAA CLO ETF | 0.22 | 0.13 | 0.10 | 98 | CLO | ETV vs JAAA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ETV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ETV and solid risk/return profiles. The least correlated is Kimbell Royalty Partners, LP (KRP) (Energy) with a 1Y correlation of -0.08, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Kimbell Royalty Partners, LP | -0.08 | 0.14 | 0.21 | 70 | Energy | |
| Valero Energy Corporation | -0.04 | 0.10 | 0.18 | 93 | Energy | |
| Energy Transfer LP | -0.02 | 0.24 | 0.33 | 69 | Energy | |
| Petróleo Brasileiro S.A. - Petrobras | 0.01 | 0.13 | 0.15 | 86 | Energy | |
| Kodiak Gas Services Inc. | 0.17 | 0.22 | 0.22 | 91 | Energy |
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