Looking to diversify beyond DABS? The ETFs below have historically moved differently from DABS, 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 DABS
1982 ETFs have low correlation with DABS (below 0.3), 129 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Oil Fund | -0.35 | — | — | 51 | Oil & Gas | DABS vs DBO | |
| ProShares UltraShort Yen | -0.33 | — | — | 59 | Leveraged Currency | DABS vs YCS | |
| Invesco DB Energy Fund | -0.33 | -0.33 | -0.33 | 66 | Oil & Gas | DABS vs DBE | |
| United States Gasoline Fund, LP | -0.32 | — | — | 83 | Oil & Gas | DABS vs UGA | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.32 | — | — | 51 | Nontraditional Bonds | DABS vs RISR |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements DABS
Add DABS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DABS