Looking to diversify beyond EVYM? The ETFs below have historically moved differently from EVYM, 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 EVYM
1447 ETFs have low correlation with EVYM (below 0.3), 109 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 | -0.35 | — | — | 72 | Oil & Gas | EVYM vs DBE | |
| Invesco DB Oil Fund | -0.34 | — | — | 58 | Oil & Gas | EVYM vs DBO | |
| United States Oil Fund LP | -0.33 | — | — | 55 | Oil & Gas | EVYM vs USO | |
| United States Brent Oil Fund LP | -0.33 | -0.25 | -0.25 | 52 | Oil & Gas | EVYM vs BNO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.32 | — | — | 67 | Commodities | EVYM vs GSG |
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