Looking to diversify beyond EUDV? The ETFs below have the lowest correlation with EUDV — 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 EUDV.
Best Diversifiers for EUDV
264 ETFs have low correlation with EUDV (below 0.3), 76 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.53, roughly unchanged from -0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.53 | -0.53 | -0.57 | 51 | Currency | EUDV vs UUP | |
| ProShares UltraShort Yen | -0.45 | -0.30 | -0.26 | 72 | Leveraged Currency | EUDV vs YCS | |
| Invesco DB Energy Fund | -0.39 | -0.19 | -0.02 | 53 | Oil & Gas | EUDV vs DBE | |
| United States Gasoline Fund LP | -0.37 | -0.16 | -0.03 | 78 | Oil & Gas | EUDV vs UGA | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.35 | — | — | 68 | Inverse Equities, Leveraged Equities | EUDV vs MSTZ |
See all 2040 diversifiers for EUDV
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