Looking to diversify beyond DFAE? The ETFs below have the lowest correlation with DFAE — 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 DFAE.
Best Diversifiers for DFAE
378 ETFs have low correlation with DFAE (below 0.3), 72 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.32, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.32 | -0.01 | 0.11 | 66 | Oil & Gas | DFAE vs USO | |
| ProShares UltraShort Yen | -0.31 | -0.20 | -0.17 | 63 | Leveraged Currency | DFAE vs YCS | |
| Invesco DB Energy Fund | -0.31 | -0.00 | 0.12 | 71 | Oil & Gas | DFAE vs DBE | |
| United States Brent Oil Fund LP | -0.31 | 0.01 | 0.11 | 65 | Oil & Gas | DFAE vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.30 | — | — | 56 | Derivative Income | DFAE vs USOY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DFAE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DFAE and solid risk/return profiles. The least correlated is UniCredit SpA ADR (UNCRY) (Financial Services) with a 1Y correlation of 0.48, roughly unchanged from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| UniCredit SpA ADR | 0.48 | 0.44 | 0.45 | 71 | Financial Services |
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