Looking to diversify beyond LDDR? The ETFs below have historically moved differently from LDDR, 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 LDDR
1517 ETFs have low correlation with LDDR (below 0.3), 121 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.47, roughly unchanged from -0.42 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.47 | -0.42 | -0.42 | 59 | Leveraged Currency | LDDR vs YCS | |
| Invesco DB Oil Fund | -0.43 | -0.35 | -0.35 | 51 | Oil & Gas | LDDR vs DBO | |
| Invesco DB Energy Fund | -0.42 | -0.36 | -0.36 | 66 | Oil & Gas | LDDR vs DBE | |
| United States Gasoline Fund, LP | -0.41 | — | — | 83 | Oil & Gas | LDDR vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.39 | -0.32 | -0.32 | 61 | Commodities | LDDR vs GSG |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements LDDR
Add LDDR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LDDR