Looking to diversify beyond DFAW? The ETFs below have the lowest correlation with DFAW — 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 DFAW.
Best Diversifiers for DFAW
178 ETFs have low correlation with DFAW (below 0.3), 28 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.28, down from -0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.28 | -0.11 | -0.11 | 61 | Leveraged Currency | DFAW vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.25 | -0.21 | -0.21 | 97 | Inflation-Protected Bonds | DFAW vs RBIL | |
| iShares Enhanced Short-Term Bond Active ETF | -0.13 | 0.03 | 0.03 | 99 | Ultrashort Bond | DFAW vs CSHP | |
| VanEck Commodity Strategy ETF | -0.11 | 0.06 | 0.06 | 55 | Commodities | DFAW vs PIT | |
| Texas Capital Government Money Market ETF | -0.09 | 0.02 | 0.02 | 100 | Money Market | DFAW vs MMKT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DFAW, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DFAW and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.12, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.12 | 0.03 | 0.03 | 70 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.11 | 0.12 | 0.12 | 68 | Energy | |
| ConocoPhillips Company | -0.08 | 0.12 | 0.12 | 61 | Energy | |
| Chevron Corporation | -0.08 | 0.13 | 0.13 | 68 | Energy | |
| The Coca-Cola Company | -0.06 | 0.07 | 0.07 | 74 | Consumer Defensive |
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