Looking to diversify beyond EVSM? The ETFs below have the lowest correlation with EVSM — 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 EVSM.
Best Diversifiers for EVSM
1424 ETFs have low correlation with EVSM (below 0.3), 79 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Bastion Energy ETF | -0.21 | — | — | 86 | Energy Equities | EVSM vs BESF | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.21 | — | — | 51 | Commodities | EVSM vs PDBC | |
| Invesco DWA Energy Momentum ETF | -0.20 | -0.13 | -0.13 | 52 | Momentum, Energy Equities | EVSM vs PXI | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.20 | — | — | 65 | Commodities | EVSM vs CMDT | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.19 | — | — | 67 | Commodities | EVSM vs CERY |
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