Looking to diversify beyond DBEZ? The ETFs below have the lowest correlation with DBEZ — 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 DBEZ.
Best Diversifiers for DBEZ
353 ETFs have low correlation with DBEZ (below 0.3), 83 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.34, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.34 | -0.11 | 0.05 | 53 | Oil & Gas | DBEZ vs DBE | |
| ProShares Short Bitcoin ETF | -0.32 | -0.30 | -0.32 | 57 | Cryptocurrency | DBEZ vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.32 | -0.33 | -0.33 | 52 | Cryptocurrency, Leveraged Cryptocurrency | DBEZ vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.32 | — | — | 68 | Inverse Equities, Leveraged Equities | DBEZ vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.32 | — | — | 60 | Inverse Equities | DBEZ vs SMST |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DBEZ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DBEZ and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.10, down from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.10 | 0.29 | 0.44 | 53 | Financial Services |
Build a portfolio that complements DBEZ
Add DBEZ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DBEZ