Looking to diversify beyond DECT? The ETFs below have historically moved differently from DECT, 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 DECT
406 ETFs have low correlation with DECT (below 0.3), 90 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 | -0.49 | — | — | 52 | Inverse Equities | DECT vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.49 | — | — | 61 | Inverse Equities, Leveraged Equities | DECT vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.47 | — | — | 75 | Derivative Income | DECT vs WNTR | |
| ProShares Short Bitcoin ETF | -0.47 | -0.36 | — | 61 | Cryptocurrency | DECT vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.47 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | DECT vs SBIT |
See all 2234 diversifiers for DECT
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