Looking to diversify beyond SDTY? The ETFs below have the lowest correlation with SDTY — 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 SDTY.
Best Diversifiers for SDTY
291 ETFs have low correlation with SDTY (below 0.3), 79 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.28, down from -0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.28 | -0.12 | -0.12 | 71 | Oil & Gas | SDTY vs DBE | |
| United States Oil Fund LP | -0.27 | -0.11 | -0.11 | 66 | Oil & Gas | SDTY vs USO | |
| United States Brent Oil Fund LP | -0.27 | — | — | 65 | Oil & Gas | SDTY vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.25 | — | — | 56 | Derivative Income | SDTY vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.24 | -0.06 | -0.06 | 55 | Oil & Gas | SDTY vs OILK |
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