Looking to diversify beyond DBEF? The ETFs below have the lowest correlation with DBEF — 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 DBEF.
Best Diversifiers for DBEF
354 ETFs have low correlation with DBEF (below 0.3), 68 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.33, roughly unchanged from -0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.33 | -0.31 | -0.31 | 53 | Inverse Equities | DBEF vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.33 | -0.30 | -0.30 | 60 | Inverse Equities, Leveraged Equities | DBEF vs MSTZ | |
| Return Stacked Bonds & Futures Yield ETF | -0.32 | — | — | 51 | Multistrategy | DBEF vs RSBY | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.30 | — | — | 65 | Derivative Income | DBEF vs WNTR | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.24 | — | — | 97 | Inflation-Protected Bonds | DBEF vs RBIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DBEF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DBEF and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.31, down from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.31 | 0.32 | 0.43 | 90 | Technology | |
| Intellia Therapeutics, Inc. | 0.36 | 0.38 | 0.42 | 54 | Healthcare | |
| Reaves Utility Income Trust | 0.36 | 0.36 | 0.43 | 75 | Financial Services | |
| Capital Southwest Corporation | 0.37 | 0.39 | 0.44 | 68 | Financial Services | |
| U.S. Bancorp | 0.40 | 0.44 | 0.52 | 83 | Financial Services |
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Build a portfolio that complements DBEF
Add DBEF to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DBEF