Looking to diversify beyond DEHP? The ETFs below have the lowest correlation with DEHP — 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 DEHP.
Best Diversifiers for DEHP
405 ETFs have low correlation with DEHP (below 0.3), 74 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.31, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.31 | 0.02 | 0.11 | 66 | Oil & Gas | DEHP vs USO | |
| Defiance Oil Enhanced Options Income ETF | -0.29 | — | — | 56 | Derivative Income | DEHP vs USOY | |
| United States Brent Oil Fund LP | -0.28 | 0.03 | — | 65 | Oil & Gas | DEHP vs BNO | |
| Invesco DB Energy Fund | -0.28 | 0.03 | 0.12 | 71 | Oil & Gas | DEHP vs DBE | |
| ProShares UltraShort Yen | -0.27 | -0.17 | -0.18 | 63 | Leveraged Currency | DEHP vs YCS |
See all 2186 diversifiers for DEHP
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Diversification Analysis
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