Looking to diversify beyond EVMT? The ETFs below have the lowest correlation with EVMT — 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 EVMT.
Best Diversifiers for EVMT
805 ETFs have low correlation with EVMT (below 0.3), 44 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.15, roughly unchanged from -0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.15 | -0.20 | -0.20 | 63 | Leveraged Currency | EVMT vs YCS | |
| Brookmont Catastrophic Bond ETF | -0.14 | — | — | 92 | Nontraditional Bonds | EVMT vs ILS | |
| TCW AAA CLO ETF | -0.11 | — | — | 99 | CLO | EVMT vs ACLO | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.09 | -0.09 | -0.09 | 100 | Ultrashort Bond | EVMT vs VBIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.08 | -0.03 | — | 100 | Ultrashort Bond | EVMT vs SGOV |
See all 2183 diversifiers for EVMT
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