Looking to diversify beyond EWK? The ETFs below have the lowest correlation with EWK — 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 EWK.
Best Diversifiers for EWK
335 ETFs have low correlation with EWK (below 0.3), 74 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.46, down from -0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.46 | -0.26 | -0.20 | 61 | Leveraged Currency | EWK vs YCS | |
| Invesco DB Energy Fund | -0.34 | -0.13 | 0.04 | 71 | Oil & Gas | EWK vs DBE | |
| United States Oil Fund LP | -0.34 | -0.12 | 0.04 | 66 | Oil & Gas | EWK vs USO | |
| United States Brent Oil Fund LP | -0.33 | -0.12 | 0.04 | 65 | Oil & Gas | EWK vs BNO | |
| Invesco DB Oil Fund | -0.33 | -0.11 | 0.05 | 65 | Oil & Gas | EWK vs DBO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EWK, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EWK and solid risk/return profiles. The least correlated is Anheuser-Busch InBev SA/NV (BUD) (Consumer Defensive) with a 1Y correlation of 0.53, down from 0.70 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Anheuser-Busch InBev SA/NV | 0.53 | 0.64 | 0.70 | 54 | Consumer Defensive |
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