Looking to diversify beyond DEW? The ETFs below have the lowest correlation with DEW — 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 DEW.
Best Diversifiers for DEW
383 ETFs have low correlation with DEW (below 0.3), 23 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.36, down from -0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.36 | -0.23 | -0.16 | 61 | Leveraged Currency | DEW vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.12 | — | — | 97 | Inflation-Protected Bonds | DEW vs RBIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.12 | -0.04 | -0.03 | 100 | Ultrashort Bond | DEW vs SGOV | |
| WisdomTree Floating Rate Treasury Fund | -0.10 | -0.03 | -0.03 | 100 | Government Bonds, Ultrashort Bond | DEW vs USFR | |
| TCW AAA CLO ETF | -0.09 | — | — | 99 | CLO | DEW vs ACLO |
See all 2074 diversifiers for DEW
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