Looking to diversify beyond DDXX? The ETFs below have the lowest correlation with DDXX — 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 DDXX.
Best Diversifiers for DDXX
0 ETFs have low correlation with DDXX (below 0.3), 0 of which are negatively correlated. The least correlated is Procure Space ETF (UFO) (Global Equities) with a 1Y correlation of 0.61, roughly unchanged from 0.61 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Procure Space ETF | 0.61 | 0.61 | 0.61 | 88 | Global Equities, Aerospace & Defense | DDXX vs UFO | |
| Cambria Foreign Shareholder Yield ETF | 0.67 | 0.67 | 0.67 | 93 | Global Equities | DDXX vs FYLD | |
| WBI BullBear Yield 3000 ETF | 0.72 | 0.72 | 0.72 | 65 | Global Equities | DDXX vs WBIG | |
| Global X SuperDividend ETF | 0.72 | 0.72 | 0.72 | 61 | Global Equities, Dividend | DDXX vs SDIV | |
| SPDR SSgA Income Allocation ETF | 0.82 | 0.82 | 0.82 | 65 | Global Equities | DDXX vs INKM |
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