Looking to diversify beyond DEEF? The ETFs below have the lowest correlation with DEEF — 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 DEEF.
Best Diversifiers for DEEF
290 ETFs have low correlation with DEEF (below 0.3), 65 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.49, down from -0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.49 | -0.34 | -0.29 | 61 | Leveraged Currency | DEEF vs YCS | |
| Invesco DB Energy Fund | -0.38 | -0.10 | 0.08 | 71 | Oil & Gas | DEEF vs DBE | |
| United States Brent Oil Fund LP | -0.35 | -0.09 | 0.08 | 65 | Oil & Gas | DEEF vs BNO | |
| United States Oil Fund LP | -0.35 | -0.08 | 0.09 | 66 | Oil & Gas | DEEF vs USO | |
| Invesco DB Oil Fund | -0.34 | -0.07 | 0.10 | 65 | Oil & Gas | DEEF vs DBO |
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