Looking to balance out your exposure to DAR? The ETFs below have the lowest correlation with DAR — they tend to move on their own, which can help reduce risk when DAR drops. The stock ideas table highlights individual companies that behave independently from DAR.
Best Diversifiers for DAR
3 ETFs have low correlation with DAR (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.09, down from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.09 | 0.18 | 0.30 | 73 | Nasdaq-100 | DAR vs QQQ | |
| FolioBeyond Enhanced Fixed Income Premium ETF | 0.12 | — | — | 70 | Multisector Bonds | DAR vs FIXP | |
| Vanguard S&P 500 ETF | 0.16 | 0.26 | 0.38 | 70 | S&P 500 | DAR vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DAR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DAR and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.00, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.00 | 0.05 | 0.19 | 78 | Technology | |
| Cadence Design Systems, Inc. | 0.08 | 0.09 | 0.20 | 68 | Technology | |
| Dycom Industries, Inc. | 0.08 | 0.19 | 0.30 | 90 | Industrials | |
| Micron Technology, Inc. | 0.09 | 0.14 | 0.23 | 99 | Technology | |
| Kinross Gold Corporation | 0.09 | 0.10 | 0.18 | 79 | Basic Materials |
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