Looking to diversify beyond SDEM? The ETFs below have the lowest correlation with SDEM — 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 SDEM.
Best Diversifiers for SDEM
211 ETFs have low correlation with SDEM (below 0.3), 26 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.34, down from -0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.34 | -0.22 | -0.18 | 63 | Leveraged Currency | SDEM vs YCS | |
| United States Gasoline Fund LP | -0.23 | 0.01 | 0.12 | 55 | Oil & Gas | SDEM vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | — | — | 98 | Inflation-Protected Bonds | SDEM vs IBIC | |
| TCW AAA CLO ETF | -0.15 | — | — | 99 | CLO | SDEM vs ACLO | |
| iShares Enhanced Short-Term Bond Active ETF | -0.13 | — | — | 99 | Ultrashort Bond | SDEM vs CSHP |
See all 1458 diversifiers for SDEM
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