Looking to diversify beyond DFAR? The ETFs below have the lowest correlation with DFAR — 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 DFAR.
Best Diversifiers for DFAR
1015 ETFs have low correlation with DFAR (below 0.3), 48 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.38, down from -0.25 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.38 | -0.25 | — | 61 | Leveraged Currency | DFAR vs YCS | |
| United States Brent Oil Fund LP | -0.17 | -0.08 | — | 65 | Oil & Gas | DFAR vs BNO | |
| Invesco DB Energy Fund | -0.16 | -0.08 | — | 71 | Oil & Gas | DFAR vs DBE | |
| United States Oil Fund LP | -0.16 | -0.08 | — | 66 | Oil & Gas | DFAR vs USO | |
| ProShares Ultra Bloomberg Crude Oil | -0.15 | -0.06 | 0.01 | 54 | Leveraged Commodities | DFAR vs UCO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DFAR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DFAR and solid risk/return profiles. The least correlated is CareTrust REIT, Inc. (CTRE) (Real Estate) with a 1Y correlation of 0.42, roughly unchanged from 0.49 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CareTrust REIT, Inc. | 0.42 | 0.49 | — | 82 | Real Estate | |
| Welltower Inc. | 0.55 | 0.64 | 0.68 | 79 | Real Estate | |
| Cohen & Steers Quality Income Realty Fund | 0.85 | 0.85 | 0.85 | 67 | Financial Services |
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