Looking to balance out your exposure to DBSDY? The ETFs below have the lowest correlation with DBSDY — they tend to move on their own, which can help reduce risk when DBSDY drops. The stock ideas table highlights individual companies that behave independently from DBSDY.
Best Diversifiers for DBSDY
4 ETFs have low correlation with DBSDY (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Global Energy ETF (IXC) (Energy Equities) with a 1Y correlation of 0.03, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Global Energy ETF | 0.03 | 0.18 | 0.24 | 76 | Energy Equities | DBSDY vs IXC | |
| iShares 0-5 Year TIPS Bond ETF | 0.14 | 0.12 | 0.09 | 93 | Inflation-Protected Bonds | DBSDY vs STIP | |
| FlexShares Morningstar Global Upstream Natural Res... | 0.24 | 0.35 | 0.39 | 84 | Commodity Producers Equities | DBSDY vs GUNR | |
| Sprott Physical Silver Trust | 0.25 | 0.23 | 0.25 | 79 | Silver, Precious Metals | DBSDY vs PSLV | |
| JPMorgan Nasdaq Equity Premium Income ETF | 0.36 | 0.33 | 0.37 | 74 | Nasdaq-100, Derivative Income | DBSDY vs JEPQ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DBSDY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DBSDY and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.08, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.08 | 0.07 | 0.16 | 85 | Energy | |
| CVS Health Corporation | -0.02 | -0.00 | 0.10 | 80 | Healthcare | |
| Singapore Technologies Engineering Ltd ADR | 0.01 | 0.01 | 0.09 | 76 | Industrials | |
| Kinder Morgan, Inc. | 0.06 | 0.13 | 0.21 | 60 | Energy | |
| Cloudflare, Inc. | 0.07 | 0.19 | 0.24 | 67 | Technology |
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