Looking to diversify beyond EWH? The ETFs below have the lowest correlation with EWH — 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 EWH.
Best Diversifiers for EWH
375 ETFs have low correlation with EWH (below 0.3), 41 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.18, roughly unchanged from -0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.18 | -0.14 | -0.10 | 61 | Leveraged Currency | EWH vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.16 | — | — | 97 | Inflation-Protected Bonds | EWH vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | -0.02 | -0.02 | 98 | Inflation-Protected Bonds | EWH vs IBIC | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.14 | -0.08 | -0.00 | 100 | Government Bonds, Ultrashort Bond | EWH vs BIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.12 | -0.01 | 0.02 | 100 | Ultrashort Bond | EWH vs SGOV |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EWH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EWH and solid risk/return profiles. The least correlated is CRISPR Therapeutics AG (CRSP) (Healthcare) with a 1Y correlation of 0.20, roughly unchanged from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CRISPR Therapeutics AG | 0.20 | 0.28 | 0.26 | 54 | Healthcare | |
| AST SpaceMobile, Inc. | 0.23 | 0.26 | 0.24 | 64 | Technology | |
| Intel Corporation | 0.24 | 0.27 | 0.32 | 99 | Technology | |
| Genmab A/S | 0.25 | 0.25 | 0.25 | 58 | Healthcare | |
| Rocket Lab USA, Inc. | 0.25 | 0.24 | 0.26 | 90 | Industrials |
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