PortfoliosLab logoPortfoliosLab logo

Looking to diversify beyond DFAX? The ETFs below have the lowest correlation with DFAX — 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 DFAX.

Best Diversifiers for DFAX

213 ETFs have low correlation with DFAX (below 0.3), 29 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.41, down from -0.28 over 3 years.


See all 2074 diversifiers for DFAX

To view more results, upgrade your current subscription plan.

Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from DFAX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DFAX and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.09, down from 0.14 over 3 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Exxon Mobil Corporation-0.090.14
68
Energy
Becton, Dickinson and Company0.310.300.32
51
Healthcare
Apple Inc0.360.37
88
Technology
Honeywell International Inc0.450.43
55
Industrials
Broadcom Inc.0.460.43
75
Technology
See all 9 low-correlation stocks for DFAX

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements DFAX

Add DFAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with DFAX