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
543 ETFs have low correlation with DBB (below 0.3), 30 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.22 | — | — | 56 | Derivative Income | DBB vs WNTR | |
| ProShares UltraShort Yen | -0.15 | -0.16 | -0.14 | 77 | Leveraged Currency | DBB vs YCS | |
| Brookmont Catastrophic Bond ETF | -0.11 | — | — | 96 | Nontraditional Bonds | DBB vs ILS | |
| iShares 0-3 Month Treasury Bond ETF | -0.07 | -0.03 | -0.02 | 100 | Ultrashort Bond | DBB vs SGOV | |
| TCW AAA CLO ETF | -0.06 | -0.03 | -0.03 | 99 | CLO | DBB vs ACLO |
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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 Elbit Systems Ltd (ESLT) (Industrials) with a 1Y correlation of 0.15, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Elbit Systems Ltd | 0.15 | 0.09 | 0.10 | 83 | Industrials | |
| Installed Building Products, Inc. | 0.16 | 0.16 | 0.14 | 60 | Industrials | |
| United Parcel Service, Inc. | 0.21 | 0.23 | 0.23 | 56 | Industrials | |
| Baidu, Inc. | 0.29 | 0.36 | 0.31 | 62 | Communication Services | |
| Nexa Resources S.A. | 0.41 | 0.30 | 0.36 | 89 | Basic Materials |
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