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
142 ETFs have low correlation with PDEC (below 0.3), 17 of which are negatively correlated. The least correlated is iShares iBonds Oct 2026 Term TIPS ETF (IBIC) (Inflation-Protected Bonds) with a 1Y correlation of -0.25, down from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.25 | -0.06 | -0.06 | 98 | Inflation-Protected Bonds | PDEC vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.15 | — | — | 95 | Inflation-Protected Bonds | PDEC vs IBID | |
| iShares Enhanced Short-Term Bond Active ETF | -0.13 | — | — | 99 | Ultrashort Bond | PDEC vs CSHP | |
| Brookstone Ultra-Short Bond ETF | -0.11 | — | — | 98 | Ultrashort Bond | PDEC vs BAMU | |
| First Trust Alternative Absolute Return Strategy E... | -0.11 | 0.01 | 0.01 | 75 | Commodities | PDEC vs FAAR |
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