Looking to diversify beyond DBC? The ETFs below have the lowest correlation with DBC — 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 DBC.
Best Diversifiers for DBC
1988 ETFs have low correlation with DBC (below 0.3), 1812 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Avantis Credit ETF | -0.40 | — | — | 52 | Global Bonds | DBC vs AVGB | |
| Avantis Short-Term Fixed Income ETF | -0.37 | -0.15 | -0.07 | 70 | Short-Term Bond | DBC vs AVSF | |
| Neos Enhanced Income Aggregate Bond ETF | -0.36 | -0.15 | — | 51 | Intermediate Core-Plus Bond | DBC vs BNDI | |
| First Trust TCW Unconstrained Plus Bond ETF | -0.36 | -0.17 | -0.06 | 54 | Nontraditional Bonds | DBC vs UCON | |
| iShares Yield Optimized Bond ETF | -0.36 | -0.10 | -0.02 | 55 | Intermediate Core-Plus Bond | DBC vs BYLD |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DBC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DBC and solid risk/return profiles. The least correlated is Southwest Airlines Co. (LUV) (Industrials) with a 1Y correlation of -0.42, down from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Southwest Airlines Co. | -0.42 | -0.18 | -0.02 | 65 | Industrials | |
| The TJX Companies, Inc. | -0.24 | -0.11 | 0.02 | 79 | Consumer Cyclical | |
| Eli Lilly and Company | -0.21 | -0.06 | -0.03 | 78 | Healthcare | |
| Ford Motor Company | -0.20 | 0.02 | 0.13 | 66 | Consumer Cyclical | |
| Colgate-Palmolive Company | -0.19 | -0.13 | -0.06 | 50 | Consumer Defensive |
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