Looking to diversify beyond DECP? The ETFs below have historically moved differently from DECP, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for DECP
358 ETFs have low correlation with DECP (below 0.3), 56 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.48 | — | — | 52 | Inverse Equities | DECP vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.48 | — | — | 61 | Inverse Equities, Leveraged Equities | DECP vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.45 | — | — | 61 | Cryptocurrency | DECP vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.45 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | DECP vs SBIT | |
| Alpha Architect Tail Risk ETF | -0.36 | — | — | 56 | Options Trading | DECP vs CAOS |
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