Looking to diversify beyond DEED? The ETFs below have the lowest correlation with DEED — 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 DEED.
Best Diversifiers for DEED
1629 ETFs have low correlation with DEED (below 0.3), 56 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.46, roughly unchanged from -0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.46 | -0.44 | -0.47 | 61 | Leveraged Currency | DEED vs YCS | |
| Fidelity Managed Futures ETF | -0.29 | — | — | 64 | Systematic Trend | DEED vs FFUT | |
| VanEck Commodity Strategy ETF | -0.27 | -0.09 | — | 55 | Commodities | DEED vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.24 | -0.10 | -0.05 | 70 | Commodities | DEED vs FAAR | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.23 | -0.06 | -0.03 | 53 | Commodities | DEED vs FTGC |
See all 2073 diversifiers for DEED
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