Looking to diversify beyond EVSD? The ETFs below have the lowest correlation with EVSD — 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 EVSD.
Best Diversifiers for EVSD
710 ETFs have low correlation with EVSD (below 0.3), 71 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.50 | — | — | 75 | Leveraged Currency | EVSD vs YCS | |
| United States Gasoline Fund LP | -0.40 | — | — | 72 | Oil & Gas | EVSD vs UGA | |
| Fidelity Managed Futures ETF | -0.33 | — | — | 66 | Systematic Trend | EVSD vs FFUT | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.32 | -0.23 | -0.23 | 51 | Commodities | EVSD vs PDBC | |
| United States Commodity Index Fund | -0.25 | -0.15 | -0.15 | 65 | Commodities | EVSD vs USCI |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EVSD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EVSD and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Vertiv Holdings Co. | -0.00 | — | — | 94 | Industrials | |
| Albemarle Corporation | 0.11 | — | — | 77 | Basic Materials | |
| Broadcom Inc. | 0.13 | — | — | 73 | Technology | |
| First Solar, Inc. | 0.14 | 0.07 | 0.07 | 67 | Technology | |
| Apple Inc | 0.19 | — | — | 90 | Technology |
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Build a portfolio that complements EVSD
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