Looking to diversify beyond EZMO? The ETFs below have the lowest correlation with EZMO — 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 EZMO.
Best Diversifiers for EZMO
1 ETFs have low correlation with EZMO (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco DWA Energy Momentum ETF (PXI) (Momentum) with a 1Y correlation of 0.17, roughly unchanged from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DWA Energy Momentum ETF | 0.17 | 0.17 | 0.17 | 63 | Momentum, Energy Equities | EZMO vs PXI | |
| VictoryShares US Value Momentum ETF | 0.56 | 0.56 | 0.56 | 83 | Momentum, Large Cap Value Equities | EZMO vs ULVM | |
| Alpha Architect International Quantitative Momentu... | 0.58 | 0.58 | 0.58 | 62 | Momentum, Foreign Large Cap Equities | EZMO vs IMOM | |
| Invesco DWA Industrials Momentum ETF | 0.58 | 0.58 | 0.58 | 70 | Momentum, Industrials Equities | EZMO vs PRN | |
| SPDR Russell 1000 Momentum Focus ETF | 0.60 | 0.60 | 0.60 | 69 | Momentum, Mid Cap Blend Equities | EZMO vs ONEO |
See all 9 diversifiers for EZMO
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