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
420 ETFs have low correlation with LDEM (below 0.3), 70 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.41, roughly unchanged from -0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.41 | -0.30 | -0.32 | 57 | Cryptocurrency | LDEM vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.41 | -0.35 | -0.35 | 52 | Cryptocurrency, Leveraged Cryptocurrency | LDEM vs SBIT | |
| Invesco DB US Dollar Index Bullish Fund | -0.40 | -0.40 | -0.44 | 51 | Currency | LDEM vs UUP | |
| Defiance Daily Target 2X Short MSTR ETF | -0.36 | — | — | 60 | Inverse Equities | LDEM vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.36 | -0.34 | -0.34 | 68 | Inverse Equities, Leveraged Equities | LDEM vs MSTZ |
See all 2035 diversifiers for LDEM
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