Looking to diversify beyond DUKX? The ETFs below have the lowest correlation with DUKX — 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 DUKX.
Best Diversifiers for DUKX
324 ETFs have low correlation with DUKX (below 0.3), 50 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.39, down from -0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.39 | -0.22 | -0.22 | 61 | Leveraged Currency | DUKX vs YCS | |
| United States Oil Fund LP | -0.31 | -0.08 | -0.08 | 66 | Oil & Gas | DUKX vs USO | |
| Invesco DB Energy Fund | -0.30 | — | — | 71 | Oil & Gas | DUKX vs DBE | |
| Defiance Oil Enhanced Options Income ETF | -0.30 | — | — | 56 | Derivative Income | DUKX vs USOY | |
| United States Brent Oil Fund LP | -0.29 | — | — | 65 | Oil & Gas | DUKX vs BNO |
See all 2103 diversifiers for DUKX
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