Looking to diversify beyond DFAT? The ETFs below have the lowest correlation with DFAT — 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 DFAT.
Best Diversifiers for DFAT
352 ETFs have low correlation with DFAT (below 0.3), 38 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 -0.29, roughly unchanged from -0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.29 | -0.32 | -0.32 | 60 | Inverse Equities, Leveraged Equities | DFAT vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.29 | -0.33 | -0.33 | 53 | Inverse Equities | DFAT vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.27 | -0.32 | -0.32 | 65 | Derivative Income | DFAT vs WNTR | |
| United States Gasoline Fund LP | -0.15 | 0.03 | 0.16 | 72 | Oil & Gas | DFAT vs UGA | |
| iShares Enhanced Short-Term Bond Active ETF | -0.14 | — | — | 99 | Ultrashort Bond | DFAT vs CSHP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DFAT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DFAT and solid risk/return profiles. The least correlated is Broadcom Inc. (AVGO) (Technology) with a 1Y correlation of 0.17, down from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Broadcom Inc. | 0.17 | 0.30 | 0.44 | 73 | Technology | |
| Micron Technology, Inc. | 0.23 | 0.35 | 0.45 | 99 | Technology | |
| Coherent Corp. | 0.31 | 0.41 | 0.51 | 95 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.32 | 0.37 | 0.44 | 93 | Technology |
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