Looking to diversify beyond DFAI? The ETFs below have the lowest correlation with DFAI — 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 DFAI.
Best Diversifiers for DFAI
302 ETFs have low correlation with DFAI (below 0.3), 58 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.44, down from -0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.44 | -0.30 | -0.24 | 61 | Leveraged Currency | DFAI vs YCS | |
| Invesco DB Energy Fund | -0.36 | -0.06 | 0.12 | 71 | Oil & Gas | DFAI vs DBE | |
| United States Oil Fund LP | -0.36 | -0.06 | 0.12 | 66 | Oil & Gas | DFAI vs USO | |
| United States Brent Oil Fund LP | -0.35 | -0.06 | 0.11 | 65 | Oil & Gas | DFAI vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.32 | — | — | 56 | Derivative Income | DFAI vs USOY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DFAI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DFAI and solid risk/return profiles. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.09, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.09 | 0.11 | 0.26 | 76 | Energy | |
| Exxon Mobil Corporation | -0.07 | 0.14 | 0.26 | 85 | Energy | |
| Altria Group, Inc. | -0.07 | 0.13 | 0.22 | 69 | Consumer Defensive | |
| Chevron Corporation | -0.05 | 0.14 | 0.27 | 83 | Energy | |
| Energy Transfer LP | -0.04 | 0.24 | 0.35 | 69 | Energy |
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