Looking to balance out your exposure to DDL? The ETFs below have the lowest correlation with DDL — they tend to move on their own, which can help reduce risk when DDL drops. The stock ideas table highlights individual companies that behave independently from DDL.
Best Diversifiers for DDL
1 ETFs have low correlation with DDL (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.28, roughly unchanged from 0.24 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.28 | 0.24 | — | 70 | S&P 500 | DDL vs VOO |
Diversification Analysis
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