Looking to diversify beyond PDEC? The ETFs below have the lowest correlation with PDEC — 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 PDEC.
Best Diversifiers for PDEC
181 ETFs have low correlation with PDEC (below 0.3), 32 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.46, down from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.46 | -0.35 | -0.36 | 57 | Cryptocurrency | PDEC vs BITI | |
| Invesco DB Energy Fund | -0.28 | -0.07 | 0.06 | 53 | Oil & Gas | PDEC vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | — | — | 98 | Inflation-Protected Bonds | PDEC vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.17 | 0.00 | 0.11 | 51 | Commodities | PDEC vs GSG | |
| DoubleLine Commodity Strategy ETF | -0.15 | 0.01 | 0.01 | 51 | Commodities | PDEC vs DCMT |
See all 1161 diversifiers for PDEC
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