Looking to diversify beyond DDDD? The ETFs below have the lowest correlation with DDDD — 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 DDDD.
Best Diversifiers for DDDD
0 ETFs have low correlation with DDDD (below 0.3), 0 of which are negatively correlated. The least correlated is Global X NASDAQ 100 Covered Call ETF (QYLD) (Nasdaq-100) with a 1Y correlation of 0.32, roughly unchanged from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X NASDAQ 100 Covered Call ETF | 0.32 | 0.32 | 0.32 | 85 | Nasdaq-100, Derivative Income | DDDD vs QYLD | |
| FT Vest High Yield & Target Income ETF | 0.35 | 0.35 | 0.35 | 59 | Derivative Income | DDDD vs HYTI | |
| Fidelity Yield Enhanced Equity ETF | 0.39 | — | — | 68 | Derivative Income | DDDD vs FYEE | |
| Invesco S&P 500 BuyWrite ETF | 0.39 | 0.39 | 0.39 | 78 | Derivative Income, S&P 500 | DDDD vs PBP | |
| Goldman Sachs S&P 500 Premium Income ETF | 0.40 | — | — | 68 | Derivative Income, S&P 500 | DDDD vs GPIX |
See all 6 diversifiers for DDDD
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