Looking to diversify beyond DFAS? The ETFs below have the lowest correlation with DFAS — 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 DFAS.
Best Diversifiers for DFAS
284 ETFs have low correlation with DFAS (below 0.3), 47 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.38, roughly unchanged from -0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.38 | -0.39 | -0.39 | 60 | Inverse Equities, Leveraged Equities | DFAS vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.38 | -0.39 | -0.39 | 53 | Inverse Equities | DFAS vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.35 | — | — | 65 | Derivative Income | DFAS vs WNTR | |
| United States Gasoline Fund LP | -0.21 | -0.02 | 0.12 | 72 | Oil & Gas | DFAS vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.17 | — | — | 97 | Inflation-Protected Bonds | DFAS vs RBIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DFAS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DFAS and solid risk/return profiles. The least correlated is ONEOK, Inc. (OKE) (Energy) with a 1Y correlation of 0.11, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ONEOK, Inc. | 0.11 | 0.35 | 0.51 | 63 | Energy | |
| Palo Alto Networks, Inc. | 0.20 | 0.31 | 0.38 | 82 | Technology | |
| Gilead Sciences, Inc. | 0.21 | 0.25 | 0.28 | 62 | Healthcare | |
| NVIDIA Corporation | 0.24 | 0.32 | 0.47 | 69 | Technology | |
| Micron Technology, Inc. | 0.34 | 0.41 | 0.50 | 99 | Technology |
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Build a portfolio that complements DFAS
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