Looking to diversify beyond IEFA? The ETFs below have the lowest correlation with IEFA — 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 IEFA.
Best Diversifiers for IEFA
218 ETFs have low correlation with IEFA (below 0.3), 30 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.46, down from -0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.46 | -0.30 | -0.24 | 61 | Leveraged Currency | IEFA vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.24 | — | — | 97 | Inflation-Protected Bonds | IEFA vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | IEFA vs IBIC | |
| TCW AAA CLO ETF | -0.15 | — | — | 99 | CLO | IEFA vs ACLO | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.13 | 0.08 | 0.08 | 95 | Inflation-Protected Bonds | IEFA vs IBID |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IEFA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IEFA and solid risk/return profiles. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.13, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.13 | 0.06 | 0.20 | 61 | Energy | |
| Exxon Mobil Corporation | -0.10 | 0.08 | 0.21 | 68 | Energy | |
| Altria Group, Inc. | -0.10 | 0.10 | 0.19 | 70 | Consumer Defensive | |
| Chevron Corporation | -0.09 | 0.08 | 0.22 | 68 | Energy | |
| Energy Transfer LP | -0.08 | 0.20 | 0.31 | 67 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements IEFA
Add IEFA to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IEFA