Looking to diversify beyond EWN? The ETFs below have the lowest correlation with EWN — 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 EWN.
Best Diversifiers for EWN
305 ETFs have low correlation with EWN (below 0.3), 43 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.28, down from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.28 | -0.15 | -0.13 | 61 | Leveraged Currency | EWN vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.24 | — | — | 97 | Inflation-Protected Bonds | EWN vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.23 | — | — | 98 | Inflation-Protected Bonds | EWN vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.22 | — | — | 95 | Inflation-Protected Bonds | EWN vs IBID | |
| WisdomTree Floating Rate Treasury Fund | -0.15 | -0.05 | -0.02 | 100 | Government Bonds, Ultrashort Bond | EWN vs USFR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EWN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EWN and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.20, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.20 | 0.00 | 0.14 | 68 | Energy | |
| Diamondback Energy, Inc. | -0.18 | 0.06 | 0.18 | 71 | Energy | |
| Energy Transfer LP | -0.11 | 0.15 | 0.27 | 67 | Energy | |
| The Coca-Cola Company | -0.11 | 0.04 | 0.17 | 74 | Consumer Defensive | |
| Enterprise Products Partners L.P. | -0.10 | 0.14 | 0.24 | 82 | Energy |
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Build a portfolio that complements EWN
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