Looking to diversify beyond EVX? The ETFs below have the lowest correlation with EVX — 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 EVX.
Best Diversifiers for EVX
427 ETFs have low correlation with EVX (below 0.3), 39 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.22, down from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.22 | -0.11 | -0.07 | 61 | Leveraged Currency | EVX vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.16 | -0.12 | -0.12 | 97 | Inflation-Protected Bonds | EVX vs RBIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.13 | -0.05 | -0.05 | 100 | Ultrashort Bond | EVX vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.10 | -0.09 | -0.05 | 100 | Government Bonds, Ultrashort Bond | EVX vs BIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.10 | 0.02 | 0.02 | 98 | Inflation-Protected Bonds | EVX vs IBIC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EVX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EVX and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.09, down from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.09 | 0.20 | 0.36 | 76 | Technology | |
| Broadcom Inc. | 0.11 | 0.26 | 0.38 | 75 | Technology | |
| Amazon.com, Inc | 0.19 | 0.26 | 0.38 | 52 | Consumer Cyclical | |
| UnitedHealth Group Incorporated | 0.20 | 0.18 | 0.29 | 68 | Healthcare | |
| Advanced Micro Devices, Inc. | 0.20 | 0.30 | 0.40 | 97 | Technology |
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