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
1599 ETFs have low correlation with DEED (below 0.3), 83 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.42, roughly unchanged from -0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.42 | -0.44 | -0.47 | 75 | Leveraged Currency | DEED vs YCS | |
| United States Gasoline Fund LP | -0.31 | -0.15 | -0.08 | 72 | Oil & Gas | DEED vs UGA | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.31 | -0.13 | -0.07 | 51 | Commodities | DEED vs PDBC | |
| Fidelity Managed Futures ETF | -0.29 | -0.28 | -0.28 | 66 | Systematic Trend | DEED vs FFUT | |
| Bastion Energy ETF | -0.27 | -0.26 | -0.26 | 86 | Energy Equities | DEED vs BESF |
See all 2055 diversifiers for DEED
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