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
406 ETFs have low correlation with DFAE (below 0.3), 73 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.44, roughly unchanged from -0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.44 | -0.31 | -0.34 | 57 | Cryptocurrency | DFAE vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.44 | -0.37 | -0.37 | 52 | Cryptocurrency, Leveraged Cryptocurrency | DFAE vs SBIT | |
| Invesco DB US Dollar Index Bullish Fund | -0.41 | -0.43 | -0.47 | 51 | Currency | DFAE vs UUP | |
| Defiance Daily Target 2X Short MSTR ETF | -0.40 | -0.38 | -0.38 | 60 | Inverse Equities | DFAE vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.39 | -0.37 | -0.37 | 68 | Inverse Equities, Leveraged Equities | DFAE vs MSTZ |
To view more results, upgrade your current subscription plan.
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 | 0.43 | 0.45 | 78 | Financial Services |
Build a portfolio that complements DFAE
Add DFAE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DFAE