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
602 ETFs have low correlation with DBB (below 0.3), 40 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.15, roughly unchanged from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.15 | -0.15 | -0.13 | 70 | Leveraged Currency | DBB vs YCS | |
| iShares 0-3 Month Treasury Bond ETF | -0.10 | -0.04 | -0.02 | 100 | Ultrashort Bond | DBB vs SGOV | |
| F/m US Treasury 3 Month Bill ETF | -0.09 | -0.05 | — | 100 | Ultrashort Bond | DBB vs TBIL | |
| KraneShares Sustainable Ultra Short Duration Index... | -0.08 | — | — | 96 | Ultrashort Bond | DBB vs KCSH | |
| Brookmont Catastrophic Bond ETF | -0.07 | — | — | 94 | Nontraditional Bonds | DBB vs ILS |
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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 0.11, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Elbit Systems Ltd | 0.11 | 0.07 | 0.09 | 91 | Industrials | |
| Installed Building Products, Inc. | 0.16 | 0.15 | 0.14 | 58 | Industrials | |
| United Parcel Service, Inc. | 0.20 | 0.22 | 0.22 | 58 | Industrials | |
| Baidu, Inc. | 0.29 | 0.37 | 0.31 | 65 | Communication Services |
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