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Looking to diversify beyond EVLN? The ETFs below have the lowest correlation with EVLN — 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 EVLN.

Best Diversifiers for EVLN

1074 ETFs have low correlation with EVLN (below 0.3), 143 of which are negatively correlated.


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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from EVLN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EVLN and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.13, down from 0.02 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Chevron Corporation-0.130.020.02
68
Energy
Apple Inc0.180.220.22
88
Technology
Block, Inc0.21
51
Technology

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Diversification Analysis

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