Looking to diversify beyond DEMZ? The ETFs below have the lowest correlation with DEMZ — 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 DEMZ.
Best Diversifiers for DEMZ
373 ETFs have low correlation with DEMZ (below 0.3), 91 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.32, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.32 | -0.10 | 0.05 | 71 | Oil & Gas | DEMZ vs DBE | |
| United States Oil Fund LP | -0.32 | -0.09 | 0.04 | 66 | Oil & Gas | DEMZ vs USO | |
| United States Brent Oil Fund LP | -0.31 | -0.08 | 0.04 | 65 | Oil & Gas | DEMZ vs BNO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.30 | -0.06 | 0.06 | 55 | Oil & Gas | DEMZ vs OILK | |
| United States 12 Month Oil Fund LP | -0.30 | -0.07 | 0.06 | 56 | Oil & Gas | DEMZ vs USL |
See all 2178 diversifiers for DEMZ
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