Looking to diversify beyond LDEM? The ETFs below have the lowest correlation with LDEM — 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 LDEM.
Best Diversifiers for LDEM
398 ETFs have low correlation with LDEM (below 0.3), 72 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.33, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.33 | -0.01 | 0.09 | 66 | Oil & Gas | LDEM vs USO | |
| Defiance Oil Enhanced Options Income ETF | -0.32 | -0.05 | -0.05 | 56 | Derivative Income | LDEM vs USOY | |
| United States Brent Oil Fund LP | -0.30 | -0.00 | 0.09 | 65 | Oil & Gas | LDEM vs BNO | |
| Invesco DB Energy Fund | -0.30 | -0.01 | 0.10 | 71 | Oil & Gas | LDEM vs DBE | |
| ProShares UltraShort Yen | -0.29 | -0.20 | -0.17 | 63 | Leveraged Currency | LDEM vs YCS |
See all 2178 diversifiers for LDEM
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