Looking to balance out your exposure to DBX? The ETFs below have the lowest correlation with DBX — they tend to move on their own, which can help reduce risk when DBX drops. The stock ideas table highlights individual companies that behave independently from DBX.
Best Diversifiers for DBX
4 ETFs have low correlation with DBX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Information Technology ETF (VGT) (Technology Equities) with a 1Y correlation of 0.23, down from 0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Information Technology ETF | 0.23 | 0.38 | 0.54 | 76 | Technology Equities | DBX vs VGT | |
| Vanguard S&P 500 ETF | 0.26 | 0.38 | 0.54 | 70 | S&P 500 | DBX vs VOO | |
| State Street SPDR S&P 500 ETF | 0.26 | 0.39 | 0.54 | 70 | S&P 500 | DBX vs SPY | |
| Invesco QQQ ETF | 0.27 | 0.39 | 0.55 | 73 | Nasdaq-100 | DBX vs QQQ |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DBX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DBX and solid risk/return profiles. The least correlated is Comfort Systems USA, Inc. (FIX) (Industrials) with a 1Y correlation of -0.11, down from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Comfort Systems USA, Inc. | -0.11 | 0.16 | 0.27 | 98 | Industrials | |
| EMCOR Group, Inc. | -0.07 | 0.16 | 0.25 | 83 | Industrials | |
| TopBuild Corp. | -0.01 | 0.20 | 0.34 | 67 | Industrials | |
| Jabil Inc. | 0.00 | 0.23 | 0.36 | 92 | Technology | |
| Exelixis, Inc. | 0.14 | 0.13 | 0.23 | 56 | Healthcare |
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