Looking to diversify beyond EURL? The ETFs below have the lowest correlation with EURL — 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 EURL.
Best Diversifiers for EURL
304 ETFs have low correlation with EURL (below 0.3), 77 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.45, down from -0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.45 | -0.27 | -0.21 | 63 | Leveraged Currency | EURL vs YCS | |
| Invesco DB Energy Fund | -0.41 | -0.12 | 0.06 | 71 | Oil & Gas | EURL vs DBE | |
| United States Oil Fund LP | -0.39 | -0.10 | 0.06 | 66 | Oil & Gas | EURL vs USO | |
| United States Brent Oil Fund LP | -0.38 | -0.10 | 0.06 | 65 | Oil & Gas | EURL vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.36 | — | — | 56 | Derivative Income | EURL vs USOY |
See all 2189 diversifiers for EURL
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