Looking to balance out your exposure to DBD? The ETFs below have the lowest correlation with DBD — they tend to move on their own, which can help reduce risk when DBD drops. The stock ideas table highlights individual companies that behave independently from DBD.
Best Diversifiers for DBD
0 ETFs have low correlation with DBD (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X Copper Miners ETF | 0.33 | — | — | 56 | Copper | DBD vs COPX | |
| State Street SPDR S&P 500 ETF | 0.50 | — | — | 60 | S&P 500 | DBD vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DBD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DBD and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Uranium Energy Corp. | 0.20 | — | — | 67 | Energy |
Diversification Analysis
Build a portfolio that complements DBD
Add DBD to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DBD