Looking to diversify beyond DBEU? The ETFs below have the lowest correlation with DBEU — 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 DBEU.
Best Diversifiers for DBEU
353 ETFs have low correlation with DBEU (below 0.3), 81 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.32, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.32 | -0.11 | 0.04 | 53 | Oil & Gas | DBEU vs DBE | |
| Defiance Daily Target 2X Short MSTR ETF | -0.31 | — | — | 60 | Inverse Equities | DBEU vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.31 | — | — | 68 | Inverse Equities, Leveraged Equities | DBEU vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.31 | -0.26 | -0.28 | 57 | Cryptocurrency | DBEU vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.30 | -0.28 | -0.28 | 52 | Cryptocurrency, Leveraged Cryptocurrency | DBEU vs SBIT |
See all 2046 diversifiers for DBEU
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