Looking to diversify beyond DFIS? The ETFs below have historically moved differently from DFIS, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for DFIS
276 ETFs have low correlation with DFIS (below 0.3), 75 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.43, down from -0.31 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.43 | -0.31 | — | 61 | Cryptocurrency | DFIS vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.43 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | DFIS vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.40 | — | — | 52 | Inverse Equities | DFIS vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.40 | — | — | 61 | Inverse Equities, Leveraged Equities | DFIS vs MSTZ | |
| ProShares UltraShort Yen | -0.38 | -0.33 | — | 56 | Leveraged Currency | DFIS vs YCS |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for DFIS, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Regency Centers Corporation (REG) (Real Estate) with a 1Y correlation of 0.21, down from 0.32 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Regency Centers Corporation | 0.21 | 0.32 | — | 76 | Real Estate | |
| Intel Corporation | 0.28 | 0.33 | — | 98 | Technology | |
| Pfizer Inc. | 0.30 | 0.31 | — | 64 | Healthcare | |
| NVIDIA Corporation | 0.34 | 0.32 | — | 56 | Technology | |
| Micron Technology, Inc. | 0.36 | 0.37 | — | 99 | Technology |
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