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
249 ETFs have low correlation with DFAI (below 0.3), 46 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.60, roughly unchanged from -0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.60 | -0.55 | -0.59 | 51 | Currency | DFAI vs UUP | |
| ProShares UltraShort Yen | -0.42 | -0.29 | -0.24 | 72 | Leveraged Currency | DFAI vs YCS | |
| ProShares Short Bitcoin ETF | -0.39 | -0.30 | -0.33 | 57 | Cryptocurrency | DFAI vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.39 | -0.34 | -0.34 | 52 | Cryptocurrency, Leveraged Cryptocurrency | DFAI vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.37 | -0.32 | -0.32 | 68 | Inverse Equities, Leveraged Equities | DFAI vs MSTZ |
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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 Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.10, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.10 | 0.10 | 0.20 | 81 | Consumer Defensive | |
| Devon Energy Corporation | -0.09 | 0.14 | 0.29 | 72 | Energy | |
| Waste Management, Inc. | -0.09 | 0.11 | 0.23 | 53 | Industrials | |
| ConocoPhillips Company | -0.09 | 0.10 | 0.26 | 66 | Energy | |
| Occidental Petroleum Corporation | -0.08 | 0.12 | 0.26 | 62 | Energy |
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