Looking to diversify beyond GDEC? The ETFs below have the lowest correlation with GDEC — 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 GDEC.
Best Diversifiers for GDEC
402 ETFs have low correlation with GDEC (below 0.3), 76 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.46 | — | — | 63 | Inverse Equities | GDEC vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.46 | — | — | 70 | Inverse Equities, Leveraged Equities | GDEC vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.44 | -0.34 | -0.34 | 52 | Cryptocurrency | GDEC vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.44 | — | — | 73 | Derivative Income | GDEC vs WNTR | |
| Invesco DB Energy Fund | -0.27 | — | — | 57 | Oil & Gas | GDEC vs DBE |
See all 2061 diversifiers for GDEC
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Diversification Analysis
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