Looking to balance out your exposure to DBI? The ETFs below have the lowest correlation with DBI — they tend to move on their own, which can help reduce risk when DBI drops. The stock ideas table highlights individual companies that behave independently from DBI.
Best Diversifiers for DBI
1 ETFs have low correlation with DBI (below 0.3), 0 of which are negatively correlated. The least correlated is iMGP DBi Managed Futures Strategy ETF (DBMF) (Systematic Trend) with a 1Y correlation of 0.10, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iMGP DBi Managed Futures Strategy ETF | 0.10 | 0.07 | 0.05 | 79 | Systematic Trend | DBI vs DBMF | |
| Vanguard S&P 500 ETF | 0.39 | 0.36 | 0.42 | 63 | S&P 500 | DBI vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DBI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DBI and solid risk/return profiles. The least correlated is Boot Barn Holdings, Inc. (BOOT) (Consumer Cyclical) with a 1Y correlation of 0.33, down from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Boot Barn Holdings, Inc. | 0.33 | 0.37 | 0.46 | 54 | Consumer Cyclical |
Build a portfolio that complements DBI
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