Looking to diversify beyond EUFN? The ETFs below have the lowest correlation with EUFN — 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 EUFN.
Best Diversifiers for EUFN
349 ETFs have low correlation with EUFN (below 0.3), 82 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.52, roughly unchanged from -0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.52 | -0.51 | -0.54 | 51 | Currency | EUFN vs UUP | |
| ProShares Short Bitcoin ETF | -0.36 | -0.30 | -0.31 | 57 | Cryptocurrency | EUFN vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.36 | -0.33 | -0.33 | 52 | Cryptocurrency, Leveraged Cryptocurrency | EUFN vs SBIT | |
| Invesco DB Energy Fund | -0.36 | -0.13 | 0.05 | 53 | Oil & Gas | EUFN vs DBE | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.33 | — | — | 68 | Inverse Equities, Leveraged Equities | EUFN vs MSTZ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EUFN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EUFN and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.13, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.13 | 0.04 | 0.22 | 75 | Energy | |
| Walmart Inc. | -0.02 | 0.09 | 0.17 | 71 | Consumer Defensive | |
| WEC Energy Group, Inc. | 0.01 | 0.12 | 0.17 | 68 | Utilities | |
| W. R. Berkley Corporation | 0.04 | 0.17 | 0.31 | 59 | Financial Services | |
| Atmos Energy Corporation | 0.04 | 0.17 | 0.23 | 76 | Utilities |
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