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
448 ETFs have low correlation with DECO (below 0.3), 77 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.19, down from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.19 | -0.06 | -0.06 | 71 | Oil & Gas | DECO vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | -0.12 | -0.12 | 98 | Inflation-Protected Bonds | DECO vs IBIC | |
| United States Oil Fund LP | -0.18 | — | — | 66 | Oil & Gas | DECO vs USO | |
| United States Gasoline Fund LP | -0.17 | — | — | 69 | Oil & Gas | DECO vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.16 | -0.12 | -0.12 | 98 | Inflation-Protected Bonds | DECO vs RBIL |
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