Looking to diversify beyond UDEC? The ETFs below have historically moved differently from UDEC, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for UDEC
198 ETFs have low correlation with UDEC (below 0.3), 42 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.45, down from -0.33 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.45 | -0.33 | — | 51 | Cryptocurrency | UDEC vs BITI | |
| Invesco DB Energy Fund | -0.26 | -0.09 | 0.03 | 66 | Oil & Gas | UDEC vs DBE | |
| Invesco DB Oil Fund | -0.22 | -0.06 | 0.03 | 51 | Oil & Gas | UDEC vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | — | — | 98 | Inflation-Protected Bonds | UDEC vs IBIC | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.17 | -0.02 | 0.07 | 56 | Commodities | UDEC vs COMT |
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