Looking to diversify beyond DBMF? The ETFs below have historically moved differently from DBMF, 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 DBMF
1158 ETFs have low correlation with DBMF (below 0.3), 198 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.27 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | DBMF vs SBIT | |
| ProShares Short Bitcoin ETF | -0.27 | -0.19 | — | 61 | Cryptocurrency | DBMF vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.19 | — | — | 61 | Inverse Equities, Leveraged Equities | DBMF vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.19 | — | — | 52 | Inverse Equities | DBMF vs SMST | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.19 | — | — | 75 | Derivative Income | DBMF vs WNTR |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for DBMF, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is The TJX Companies, Inc. (TJX) (Consumer Cyclical) with a 1Y correlation of -0.16, down from -0.03 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The TJX Companies, Inc. | -0.16 | 0.02 | -0.03 | 83 | Consumer Cyclical | |
| Colgate-Palmolive Company | -0.15 | -0.05 | -0.10 | 59 | Consumer Defensive | |
| Chubb Limited | -0.15 | -0.02 | -0.02 | 89 | Financial Services | |
| Altria Group, Inc. | -0.15 | -0.07 | -0.05 | 66 | Consumer Defensive | |
| Everest Group Ltd | -0.14 | 0.01 | 0.02 | 62 | Financial Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements DBMF
Add DBMF to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DBMF