Looking to balance out your exposure to DB? The ETFs below have the lowest correlation with DB — they tend to move on their own, which can help reduce risk when DB drops. The stock ideas table highlights individual companies that behave independently from DB.
Best Diversifiers for DB
0 ETFs have low correlation with DB (below 0.3), 0 of which are negatively correlated. The least correlated is Global X Copper Miners ETF (COPX) (Materials) with a 1Y correlation of 0.48, roughly unchanged from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X Copper Miners ETF | 0.48 | 0.46 | 0.48 | 75 | Materials | DB vs COPX | |
| State Street SPDR S&P 500 ETF | 0.61 | 0.47 | 0.52 | 70 | S&P 500 | DB vs SPY | |
| Vanguard S&P 500 ETF | 0.61 | 0.47 | 0.52 | 70 | S&P 500 | DB vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DB and solid risk/return profiles. The least correlated is Merck & Co., Inc. (MRK) (Healthcare) with a 1Y correlation of 0.05, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Merck & Co., Inc. | 0.05 | 0.04 | 0.07 | 87 | Healthcare | |
| Eli Lilly and Company | 0.13 | 0.11 | 0.10 | 72 | Healthcare | |
| Nebius Group N.V. | 0.21 | — | — | 97 | Communication Services | |
| Incyte Corporation | 0.22 | 0.15 | 0.19 | 77 | Healthcare | |
| Eos Energy Enterprises Inc | 0.23 | 0.18 | 0.22 | 70 | Industrials |
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