Looking to diversify beyond DECM? The ETFs below have the lowest correlation with DECM — 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 DECM.
Best Diversifiers for DECM
398 ETFs have low correlation with DECM (below 0.3), 78 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.32 | — | — | 71 | Oil & Gas | DECM vs DBE | |
| United States Oil Fund LP | -0.32 | — | — | 66 | Oil & Gas | DECM vs USO | |
| United States Brent Oil Fund LP | -0.31 | — | — | 65 | Oil & Gas | DECM vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.29 | — | — | 56 | Derivative Income | DECM vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.28 | — | — | 55 | Oil & Gas | DECM vs OILK |
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