Looking to diversify beyond FDEC? The ETFs below have the lowest correlation with FDEC — 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 FDEC.
Best Diversifiers for FDEC
377 ETFs have low correlation with FDEC (below 0.3), 82 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.33, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.33 | -0.08 | 0.07 | 71 | Oil & Gas | FDEC vs DBE | |
| United States Oil Fund LP | -0.33 | -0.07 | 0.06 | 66 | Oil & Gas | FDEC vs USO | |
| United States Brent Oil Fund LP | -0.31 | -0.06 | 0.06 | 65 | Oil & Gas | FDEC vs BNO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.30 | -0.05 | 0.07 | 55 | Oil & Gas | FDEC vs OILK | |
| Defiance Oil Enhanced Options Income ETF | -0.30 | — | — | 56 | Derivative Income | FDEC vs USOY |
See all 2105 diversifiers for FDEC
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