Looking to diversify beyond EVSB? The ETFs below have the lowest correlation with EVSB — 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 EVSB.
Best Diversifiers for EVSB
2050 ETFs have low correlation with EVSB (below 0.3), 271 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.16, roughly unchanged from -0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.16 | -0.19 | -0.19 | 51 | Currency | EVSB vs UUP | |
| Westwood Salient Enhanced Midstream Income ETF | -0.12 | — | — | 72 | Energy Equities | EVSB vs MDST | |
| GraniteShares 2x Long VRT Daily ETF | -0.11 | — | — | 87 | Leveraged Equities | EVSB vs VRTL | |
| Virtus Seix Senior Loan ETF | -0.10 | — | — | 95 | Bank Loan | EVSB vs SEIX | |
| Alternative Access First Priority CLO Bond ETF | -0.09 | -0.02 | -0.02 | 90 | CLO | EVSB vs AAA |
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