Looking to diversify beyond EVLU? The ETFs below have the lowest correlation with EVLU — 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 EVLU.
Best Diversifiers for EVLU
381 ETFs have low correlation with EVLU (below 0.3), 69 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.30, down from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.30 | -0.09 | -0.09 | 66 | Oil & Gas | EVLU vs USO | |
| Invesco DB Energy Fund | -0.28 | — | — | 71 | Oil & Gas | EVLU vs DBE | |
| ProShares UltraShort Yen | -0.28 | — | — | 63 | Leveraged Currency | EVLU vs YCS | |
| Defiance Oil Enhanced Options Income ETF | -0.27 | — | — | 56 | Derivative Income | EVLU vs USOY | |
| Invesco DB Oil Fund | -0.25 | -0.05 | -0.05 | 65 | Oil & Gas | EVLU vs DBO |
See all 2182 diversifiers for EVLU
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements EVLU
Add EVLU to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EVLU