Looking to diversify beyond EVSM? The ETFs below have historically moved differently from EVSM, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for EVSM
1568 ETFs have low correlation with EVSM (below 0.3), 107 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.28 | — | — | 72 | Oil & Gas | EVSM vs DBE | |
| Invesco DB Oil Fund | -0.27 | — | — | 58 | Oil & Gas | EVSM vs DBO | |
| United States Brent Oil Fund LP | -0.26 | — | — | 52 | Oil & Gas | EVSM vs BNO | |
| Invesco DB Commodity Index Tracking Fund | -0.25 | — | — | 71 | Commodities | EVSM vs DBC | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.25 | — | — | 72 | Commodities | EVSM vs PDBC |
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