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
2090 ETFs have low correlation with DBA (below 0.3), 361 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 -0.18, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Short Duration High Yield Muni Active ETF | -0.18 | -0.04 | -0.03 | 51 | High Yield Muni | DBA vs SHYM | |
| Franklin Ultra Short Bond ETF | -0.17 | -0.09 | -0.04 | 92 | Ultrashort Bond | DBA vs FLUD | |
| Franklin Liberty Federal Intermediate Tax-Free Bon... | -0.17 | -0.04 | -0.03 | 75 | Municipal Bonds | DBA vs FLMI | |
| iShares Investment Grade Corporate Bond Buywrite S... | -0.16 | -0.01 | — | 54 | Corporate Bonds | DBA vs LQDW | |
| Janus Henderson Securitized Income ETF | -0.16 | — | — | 58 | Short-Term Bond | DBA vs JSI |
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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 -0.11, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.11 | -0.00 | 0.04 | 66 | Consumer Defensive | |
| Star Bulk Carriers Corp. | -0.04 | 0.07 | 0.13 | 89 | Industrials | |
| International Seaways, Inc. | -0.02 | -0.01 | 0.08 | 95 | Energy | |
| DHT Holdings, Inc. | -0.02 | 0.01 | 0.09 | 82 | Energy | |
| Kraken Robotics Inc | 0.02 | 0.05 | 0.06 | 92 | Technology |
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