Looking to diversify beyond DESK? The ETFs below have historically moved differently from DESK, 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 DESK
996 ETFs have low correlation with DESK (below 0.3), 75 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.23 | — | — | 61 | Cryptocurrency | DESK vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.23 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | DESK vs SBIT | |
| ProShares UltraShort Yen | -0.23 | — | — | 56 | Leveraged Currency | DESK vs YCS | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.22 | — | — | 61 | Inverse Equities, Leveraged Equities | DESK vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.22 | — | — | 52 | Inverse Equities | DESK vs SMST |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for DESK, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Welltower Inc. | 0.25 | — | — | 89 | Real Estate | |
| Easterly Government Properties, Inc. | 0.67 | — | — | 73 | Real Estate |
Build a portfolio that complements DESK
Add DESK to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DESK