Looking to diversify beyond DFE? The ETFs below have the lowest correlation with DFE — 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 DFE.
Best Diversifiers for DFE
283 ETFs have low correlation with DFE (below 0.3), 68 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.45, down from -0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.45 | -0.30 | -0.24 | 61 | Leveraged Currency | DFE vs YCS | |
| Invesco DB Energy Fund | -0.34 | -0.05 | 0.10 | 71 | Oil & Gas | DFE vs DBE | |
| United States Oil Fund LP | -0.34 | -0.05 | 0.10 | 66 | Oil & Gas | DFE vs USO | |
| United States Brent Oil Fund LP | -0.31 | -0.03 | 0.10 | 65 | Oil & Gas | DFE vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.30 | -0.09 | -0.09 | 56 | Derivative Income | DFE vs USOY |
See all 2110 diversifiers for DFE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements DFE
Add DFE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DFE