Looking to diversify beyond DFEM? The ETFs below have the lowest correlation with DFEM — 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 DFEM.
Best Diversifiers for DFEM
315 ETFs have low correlation with DFEM (below 0.3), 35 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.31, roughly unchanged from -0.22 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.31 | -0.22 | — | 63 | Leveraged Currency | DFEM vs YCS | |
| United States Gasoline Fund LP | -0.21 | -0.00 | 0.10 | 55 | Oil & Gas | DFEM vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.18 | -0.19 | -0.19 | 97 | Inflation-Protected Bonds | DFEM vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | 0.00 | 0.00 | 98 | Inflation-Protected Bonds | DFEM vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.15 | -0.04 | -0.02 | 100 | Government Bonds, Ultrashort Bond | DFEM vs USFR |
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