Looking to diversify beyond YDEC? The ETFs below have the lowest correlation with YDEC — 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 YDEC.
Best Diversifiers for YDEC
165 ETFs have low correlation with YDEC (below 0.3), 40 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.38, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.38 | -0.06 | 0.10 | 71 | Oil & Gas | YDEC vs DBE | |
| United States Brent Oil Fund LP | -0.37 | -0.05 | 0.10 | 65 | Oil & Gas | YDEC vs BNO | |
| Invesco DB Oil Fund | -0.34 | -0.04 | 0.12 | 65 | Oil & Gas | YDEC vs DBO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.28 | 0.03 | 0.17 | 71 | Commodities | YDEC vs GSG | |
| iShares Commodities Select Strategy ETF | -0.28 | 0.03 | 0.17 | 71 | Commodities | YDEC vs COMT |
See all 1171 diversifiers for YDEC
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