Looking to diversify beyond DCPE? The ETFs below have the lowest correlation with DCPE — 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 DCPE.
Best Diversifiers for DCPE
3 ETFs have low correlation with DCPE (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DoubleLine Commodity Strategy ETF | -0.17 | — | — | 76 | Commodities | DCPE vs DCMT | |
| DoubleLine Commercial Real Estate ETF | 0.17 | 0.07 | — | 96 | Short-Term Bond | DCPE vs DCRE | |
| DoubleLine Asset-Backed Securities ETF | 0.26 | — | — | 78 | Nontraditional Bonds, Corporate Bonds | DCPE vs DABS | |
| Clough Select Equity ETF | 0.41 | 0.55 | — | 67 | Large Cap Value Equities, ESG | DCPE vs CBSE | |
| iShares Edge MSCI USA Value Factor ETF | 0.52 | 0.69 | — | 97 | Large Cap Value Equities | DCPE vs VLUE |
See all 24 diversifiers for DCPE
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Diversification Analysis
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