Looking to diversify beyond DFIS? The ETFs below have the lowest correlation with DFIS — 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 DFIS.
Best Diversifiers for DFIS
269 ETFs have low correlation with DFIS (below 0.3), 50 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.60, roughly unchanged from -0.59 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.60 | -0.59 | — | 51 | Currency | DFIS vs UUP | |
| ProShares UltraShort Yen | -0.41 | -0.33 | — | 72 | Leveraged Currency | DFIS vs YCS | |
| ProShares Short Bitcoin ETF | -0.40 | -0.31 | -0.34 | 57 | Cryptocurrency | DFIS vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.40 | -0.35 | -0.35 | 52 | Cryptocurrency, Leveraged Cryptocurrency | DFIS vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.37 | — | — | 53 | Inverse Equities | DFIS vs SMST |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DFIS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DFIS and solid risk/return profiles. The least correlated is Regency Centers Corporation (REG) (Real Estate) with a 1Y correlation of 0.22, down from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Regency Centers Corporation | 0.22 | 0.32 | 0.42 | 79 | Real Estate | |
| NVIDIA Corporation | 0.28 | 0.32 | 0.44 | 65 | Technology | |
| Intel Corporation | 0.29 | 0.33 | 0.41 | 98 | Technology | |
| Micron Technology, Inc. | 0.34 | 0.38 | 0.43 | 99 | Technology | |
| Texas Instruments Incorporated | 0.38 | 0.44 | 0.51 | 72 | Technology |
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Build a portfolio that complements DFIS
Add DFIS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DFIS