Looking to diversify beyond EVMO? The ETFs below have the lowest correlation with EVMO — 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 EVMO.
Best Diversifiers for EVMO
715 ETFs have low correlation with EVMO (below 0.3), 42 of which are negatively correlated. The least correlated is VanEck Commodity Strategy ETF (PIT) (Commodities) with a 1Y correlation of -0.30, roughly unchanged from -0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Commodity Strategy ETF | -0.30 | -0.30 | -0.30 | 55 | Commodities | EVMO vs PIT | |
| Bastion Energy ETF | -0.27 | -0.27 | -0.27 | 75 | Energy Equities | EVMO vs BESF | |
| Fidelity Managed Futures ETF | -0.26 | -0.26 | -0.26 | 64 | Systematic Trend | EVMO vs FFUT | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.24 | -0.24 | -0.24 | 50 | Commodities | EVMO vs CERY | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.24 | -0.24 | -0.24 | 98 | Inflation-Protected Bonds | EVMO vs IBIC |
See all 2039 diversifiers for EVMO
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