Looking to diversify beyond DFCA? The ETFs below have the lowest correlation with DFCA — 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 DFCA.
Best Diversifiers for DFCA
1784 ETFs have low correlation with DFCA (below 0.3), 105 of which are negatively correlated. The least correlated is Invesco DB Oil Fund (DBO) (Oil & Gas) with a 1Y correlation of -0.28, down from -0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Oil Fund | -0.28 | -0.15 | -0.15 | 65 | Oil & Gas | DFCA vs DBO | |
| Invesco DB Energy Fund | -0.27 | — | — | 71 | Oil & Gas | DFCA vs DBE | |
| United States 12 Month Oil Fund LP | -0.27 | -0.14 | -0.14 | 56 | Oil & Gas | DFCA vs USL | |
| United States Oil Fund LP | -0.27 | -0.15 | -0.15 | 66 | Oil & Gas | DFCA vs USO | |
| Defiance Oil Enhanced Options Income ETF | -0.26 | -0.17 | -0.17 | 56 | Derivative Income | DFCA vs USOY |
See all 2110 diversifiers for DFCA
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements DFCA
Add DFCA to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DFCA