Looking to diversify beyond DCRE? The ETFs below have the lowest correlation with DCRE — 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 DCRE.
Best Diversifiers for DCRE
1852 ETFs have low correlation with DCRE (below 0.3), 96 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.24, roughly unchanged from -0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.24 | -0.26 | -0.27 | 51 | Currency | DCRE vs UUP | |
| United States Gasoline Fund LP | -0.24 | -0.16 | — | 78 | Oil & Gas | DCRE vs UGA | |
| Invesco DB Energy Fund | -0.22 | -0.14 | -0.13 | 53 | Oil & Gas | DCRE vs DBE | |
| State Street Energy Select Sector SPDR ETF | -0.19 | -0.10 | — | 50 | Energy Equities | DCRE vs XLE | |
| ProShares UltraShort Yen | -0.18 | -0.31 | — | 72 | Leveraged Currency | DCRE vs YCS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DCRE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DCRE and solid risk/return profiles. The least correlated is Reaves Utility Income Trust (UTG) (Financial Services) with a 1Y correlation of 0.14, roughly unchanged from 0.10 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Reaves Utility Income Trust | 0.14 | 0.10 | — | 74 | Financial Services |
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