Looking to diversify beyond DBAW? The ETFs below have the lowest correlation with DBAW — 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 DBAW.
Best Diversifiers for DBAW
324 ETFs have low correlation with DBAW (below 0.3), 41 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.23, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.23 | -0.02 | 0.10 | 55 | Oil & Gas | DBAW vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.21 | — | — | 97 | Inflation-Protected Bonds | DBAW vs RBIL | |
| ProShares UltraShort Yen | -0.21 | -0.02 | 0.01 | 63 | Leveraged Currency | DBAW vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | DBAW vs IBIC | |
| Texas Capital Government Money Market ETF | -0.17 | — | — | 100 | Money Market | DBAW vs MMKT |
See all 1948 diversifiers for DBAW
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