Looking to diversify beyond DAT? The ETFs below have the lowest correlation with DAT — 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 DAT.
Best Diversifiers for DAT
683 ETFs have low correlation with DAT (below 0.3), 39 of which are negatively correlated. The least correlated is iShares Enhanced Short-Term Bond Active ETF (CSHP) (Ultrashort Bond) with a 1Y correlation of -0.14, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Enhanced Short-Term Bond Active ETF | -0.14 | 0.02 | 0.02 | 99 | Ultrashort Bond | DAT vs CSHP | |
| WisdomTree Floating Rate Treasury Fund | -0.10 | -0.04 | 0.00 | 100 | Government Bonds, Ultrashort Bond | DAT vs USFR | |
| iShares Core High Dividend ETF | -0.10 | 0.12 | 0.24 | 64 | Dividend, Large Cap Value Equities | DAT vs HDV | |
| Breakwave Tanker Shipping ETF | -0.10 | -0.03 | — | 98 | Commodities | DAT vs BWET | |
| 6 Meridian Hedged Equity-Index Option Strategy ETF | -0.10 | 0.09 | 0.17 | 56 | Volatility Hedged Equity | DAT vs SIXH |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DAT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DAT and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.31, down from 0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.31 | 0.44 | 0.57 | 76 | Technology |
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