Looking to diversify beyond DDIV? The ETFs below have the lowest correlation with DDIV — 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 DDIV.
Best Diversifiers for DDIV
458 ETFs have low correlation with DDIV (below 0.3), 51 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.17, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.17 | 0.04 | 0.20 | 71 | Oil & Gas | DDIV vs DBE | |
| United States Oil Fund LP | -0.16 | 0.05 | 0.20 | 66 | Oil & Gas | DDIV vs USO | |
| United States Brent Oil Fund LP | -0.15 | 0.05 | 0.19 | 65 | Oil & Gas | DDIV vs BNO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.15 | 0.07 | 0.21 | 56 | Oil & Gas | DDIV vs OILK | |
| United States 12 Month Oil Fund LP | -0.15 | 0.06 | 0.21 | 56 | Oil & Gas | DDIV vs USL |
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