Looking to diversify beyond DECW? The ETFs below have historically moved differently from DECW, 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 DECW
427 ETFs have low correlation with DECW (below 0.3), 86 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 | -0.50 | — | — | 52 | Inverse Equities | DECW vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.50 | — | — | 61 | Inverse Equities, Leveraged Equities | DECW vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.48 | -0.34 | — | 61 | Cryptocurrency | DECW vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.48 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | DECW vs SBIT | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.47 | — | — | 75 | Derivative Income | DECW vs WNTR |
See all 2234 diversifiers for DECW
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