Looking to diversify beyond DECT? The ETFs below have the lowest correlation with DECT — 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 DECT.
Best Diversifiers for DECT
362 ETFs have low correlation with DECT (below 0.3), 74 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.31, down from -0.07 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.31 | -0.07 | — | 71 | Oil & Gas | DECT vs DBE | |
| United States Oil Fund LP | -0.30 | -0.06 | 0.01 | 66 | Oil & Gas | DECT vs USO | |
| United States Brent Oil Fund LP | -0.30 | -0.06 | — | 65 | Oil & Gas | DECT vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.28 | -0.07 | -0.07 | 56 | Derivative Income | DECT vs USOY | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.27 | — | — | 98 | Inflation-Protected Bonds | DECT vs RBIL |
See all 2110 diversifiers for DECT
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