Looking to diversify beyond DEM? The ETFs below have the lowest correlation with DEM — 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 DEM.
Best Diversifiers for DEM
347 ETFs have low correlation with DEM (below 0.3), 40 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.51, roughly unchanged from -0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.51 | -0.46 | -0.50 | 51 | Currency | DEM vs UUP | |
| ProShares Short Bitcoin ETF | -0.37 | -0.27 | -0.30 | 57 | Cryptocurrency | DEM vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.37 | -0.32 | -0.32 | 52 | Cryptocurrency, Leveraged Cryptocurrency | DEM vs SBIT | |
| ProShares UltraShort Yen | -0.34 | -0.23 | -0.20 | 72 | Leveraged Currency | DEM vs YCS | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.33 | -0.33 | -0.33 | 68 | Inverse Equities, Leveraged Equities | DEM vs MSTZ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DEM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DEM and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.01, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.01 | 0.19 | 0.34 | 53 | Financial Services | |
| Lockheed Martin Corporation | 0.02 | 0.01 | 0.10 | 59 | Industrials | |
| Brookfield Renewable Partners L.P. | 0.28 | 0.36 | 0.35 | 77 | Utilities |
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