Looking to diversify beyond DIEM? The ETFs below have the lowest correlation with DIEM — 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 DIEM.
Best Diversifiers for DIEM
333 ETFs have low correlation with DIEM (below 0.3), 46 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.31, down from -0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.31 | -0.20 | -0.18 | 63 | Leveraged Currency | DIEM vs YCS | |
| United States Gasoline Fund LP | -0.21 | 0.01 | 0.11 | 55 | Oil & Gas | DIEM vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | DIEM vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.18 | -0.06 | -0.03 | 100 | Government Bonds, Ultrashort Bond | DIEM vs USFR | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.15 | — | — | 97 | Inflation-Protected Bonds | DIEM vs RBIL |
See all 1943 diversifiers for DIEM
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