Looking to diversify beyond KDEC? The ETFs below have historically moved differently from KDEC, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for KDEC
353 ETFs have low correlation with KDEC (below 0.3), 72 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.53 | — | — | 52 | Inverse Equities | KDEC vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.53 | — | — | 61 | Inverse Equities, Leveraged Equities | KDEC vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.52 | — | — | 61 | Cryptocurrency | KDEC vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.52 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | KDEC vs SBIT | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.50 | — | — | 75 | Derivative Income | KDEC vs WNTR |
See all 2226 diversifiers for KDEC
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