Looking to diversify beyond DBB? The ETFs below have the lowest correlation with DBB — 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 DBB.
Best Diversifiers for DBB
664 ETFs have low correlation with DBB (below 0.3), 28 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.30, roughly unchanged from -0.21 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.30 | -0.22 | — | 53 | Cryptocurrency | DBB vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.21 | — | — | 61 | Inverse Equities, Leveraged Equities | DBB vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.20 | — | — | 72 | Derivative Income | DBB vs WNTR | |
| Alpha Architect Tail Risk ETF | -0.17 | -0.10 | — | 60 | Options Trading | DBB vs CAOS | |
| ProShares UltraShort Yen | -0.12 | -0.14 | -0.14 | 74 | Leveraged Currency | DBB vs YCS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DBB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DBB and solid risk/return profiles. The least correlated is McKesson Corporation (MCK) (Healthcare) with a 1Y correlation of -0.11, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| McKesson Corporation | -0.11 | -0.13 | -0.01 | 62 | Healthcare | |
| Franklin Electric Co., Inc. | 0.10 | 0.18 | 0.21 | 63 | Industrials | |
| Elbit Systems Ltd | 0.13 | 0.08 | 0.09 | 86 | Industrials | |
| Installed Building Products, Inc. | 0.17 | 0.16 | 0.15 | 60 | Industrials | |
| United Parcel Service, Inc. | 0.18 | 0.22 | 0.22 | 66 | Industrials |
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