Looking to diversify beyond DEEP? The ETFs below have historically moved differently from DEEP, 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 DEEP
357 ETFs have low correlation with DEEP (below 0.3), 61 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.32 | — | — | 58 | Derivative Income | DEEP vs WNTR | |
| Invesco DB Energy Fund | -0.30 | -0.03 | 0.11 | 54 | Oil & Gas | DEEP vs DBE | |
| United States Gasoline Fund, LP | -0.23 | -0.01 | 0.10 | 72 | Oil & Gas | DEEP vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.23 | 0.03 | 0.15 | 51 | Commodities | DEEP vs GSG | |
| Invesco DB Commodity Index Tracking Fund | -0.21 | 0.05 | 0.16 | 59 | Commodities | DEEP vs DBC |
See all 2131 diversifiers for DEEP
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