Looking to diversify beyond DBA? The ETFs below have the lowest correlation with DBA — 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 DBA.
Best Diversifiers for DBA
2026 ETFs have low correlation with DBA (below 0.3), 452 of which are negatively correlated. The least correlated is iShares Short Duration High Yield Muni Active ETF (SHYM) (High Yield Muni) with a 1Y correlation of -0.19, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Short Duration High Yield Muni Active ETF | -0.19 | -0.05 | -0.04 | 72 | High Yield Muni | DBA vs SHYM | |
| Franklin Liberty Federal Intermediate Tax-Free Bon... | -0.16 | -0.05 | -0.03 | 83 | Municipal Bonds | DBA vs FLMI | |
| SGI Enhanced Core ETF | -0.16 | — | — | 96 | Intermediate Core Bond | DBA vs USDX | |
| Eaton Vance High Income Municipal ETF | -0.16 | -0.12 | -0.12 | 93 | High Yield Muni | DBA vs EVYM | |
| BondBloxx IR+M Tax-Aware ETF for Massachusetts Res... | -0.15 | — | — | 75 | Municipal Bonds | DBA vs TAXM |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DBA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DBA and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.16, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.16 | -0.04 | 0.03 | 83 | Consumer Defensive | |
| Eli Lilly and Company | -0.11 | -0.04 | -0.01 | 80 | Healthcare | |
| PPL Corporation | -0.04 | -0.05 | 0.02 | 58 | Utilities | |
| DHT Holdings, Inc. | -0.03 | -0.00 | 0.09 | 89 | Energy | |
| Berkshire Hathaway Inc. | -0.03 | 0.02 | 0.12 | 53 | Financial Services |
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