Looking to diversify beyond DCMB? The ETFs below have the lowest correlation with DCMB — 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 DCMB.
Best Diversifiers for DCMB
1896 ETFs have low correlation with DCMB (below 0.3), 50 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.18, up from -0.31 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.18 | -0.31 | — | 61 | Leveraged Currency | DCMB vs YCS | |
| First Trust Alternative Absolute Return Strategy E... | -0.14 | -0.11 | — | 70 | Commodities | DCMB vs FAAR | |
| VanEck Commodity Strategy ETF | -0.14 | -0.05 | — | 55 | Commodities | DCMB vs PIT | |
| Alerian Energy Infrastructure ETF | -0.12 | -0.01 | — | 50 | Energy Equities | DCMB vs ENFR | |
| Bastion Energy ETF | -0.12 | — | — | 75 | Energy Equities | DCMB vs BESF |
See all 2073 diversifiers for DCMB
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