Looking to diversify beyond DEXC? The ETFs below have the lowest correlation with DEXC — 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 DEXC.
Best Diversifiers for DEXC
363 ETFs have low correlation with DEXC (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 -0.32, down from -0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.32 | -0.15 | -0.15 | 66 | Oil & Gas | DEXC vs USO | |
| Invesco DB Energy Fund | -0.31 | -0.14 | -0.14 | 71 | Oil & Gas | DEXC vs DBE | |
| ProShares UltraShort Yen | -0.31 | — | — | 61 | Leveraged Currency | DEXC vs YCS | |
| United States Brent Oil Fund LP | -0.30 | -0.13 | -0.13 | 65 | Oil & Gas | DEXC vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.29 | -0.14 | -0.14 | 56 | Derivative Income | DEXC vs USOY |
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