Looking to diversify beyond EUAD? The ETFs below have the lowest correlation with EUAD — 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 EUAD.
Best Diversifiers for EUAD
612 ETFs have low correlation with EUAD (below 0.3), 63 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.32 | — | — | 65 | Derivative Income | EUAD vs WNTR | |
| Defiance Daily Target 2X Short MSTR ETF | -0.32 | — | — | 53 | Inverse Equities | EUAD vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.32 | — | — | 60 | Inverse Equities, Leveraged Equities | EUAD vs MSTZ | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.26 | — | — | 97 | Inflation-Protected Bonds | EUAD vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | EUAD vs IBIC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EUAD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EUAD and solid risk/return profiles. The least correlated is Devon Energy Corporation (DVN) (Energy) with a 1Y correlation of -0.24, roughly unchanged from -0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Devon Energy Corporation | -0.24 | -0.15 | -0.15 | 69 | Energy | |
| ConocoPhillips Company | -0.23 | -0.16 | -0.16 | 63 | Energy | |
| Exxon Mobil Corporation | -0.21 | -0.17 | -0.17 | 71 | Energy | |
| Altria Group, Inc. | -0.21 | -0.12 | -0.12 | 79 | Consumer Defensive | |
| Occidental Petroleum Corporation | -0.21 | — | — | 60 | Energy |
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