Looking to diversify beyond LDDR? The ETFs below have the lowest correlation with LDDR — 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 LDDR.
Best Diversifiers for LDDR
1438 ETFs have low correlation with LDDR (below 0.3), 99 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.49, roughly unchanged from -0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.49 | -0.43 | -0.43 | 72 | Leveraged Currency | LDDR vs YCS | |
| Invesco DB US Dollar Index Bullish Fund | -0.46 | — | — | 51 | Currency | LDDR vs UUP | |
| Invesco DB Energy Fund | -0.41 | -0.35 | -0.35 | 53 | Oil & Gas | LDDR vs DBE | |
| United States Gasoline Fund LP | -0.41 | — | — | 78 | Oil & Gas | LDDR vs UGA | |
| Fidelity Managed Futures ETF | -0.38 | -0.38 | -0.38 | 71 | Systematic Trend | LDDR vs FFUT |
See all 2036 diversifiers for LDDR
To view more results, upgrade your current subscription plan.
Diversification Analysis
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