Looking to balance out your exposure to DBD? The ETFs below have historically moved differently from DBD, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for DBD
2 ETFs have low correlation with DBD (below 0.3), 1 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P GSCI Commodity-Indexed Trust | -0.19 | — | — | 51 | Commodities | DBD vs GSG | |
| Global X Copper Miners ETF | 0.29 | — | — | 76 | Copper | DBD vs COPX | |
| State Street SPDR S&P 500 ETF | 0.46 | — | — | 71 | S&P 500 | DBD vs SPY |
Diversification Analysis
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