Looking to diversify beyond DECO? The ETFs below have the lowest correlation with DECO — 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 DECO.
Best Diversifiers for DECO
473 ETFs have low correlation with DECO (below 0.3), 77 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.65 | — | — | 57 | Cryptocurrency | DECO vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.64 | — | — | 52 | Cryptocurrency, Leveraged Cryptocurrency | DECO vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.61 | — | — | 60 | Inverse Equities | DECO vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.61 | — | — | 68 | Inverse Equities, Leveraged Equities | DECO vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.59 | — | — | 70 | Derivative Income | DECO vs WNTR |
See all 1968 diversifiers for DECO
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