Looking to diversify beyond DFIV? The ETFs below have the lowest correlation with DFIV — 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 DFIV.
Best Diversifiers for DFIV
324 ETFs have low correlation with DFIV (below 0.3), 36 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.58, roughly unchanged from -0.54 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.58 | -0.54 | — | 51 | Currency | DFIV vs UUP | |
| ProShares UltraShort Yen | -0.41 | -0.30 | — | 72 | Leveraged Currency | DFIV vs YCS | |
| ProShares Short Bitcoin ETF | -0.35 | -0.26 | -0.30 | 57 | Cryptocurrency | DFIV vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.35 | -0.30 | -0.30 | 52 | Cryptocurrency, Leveraged Cryptocurrency | DFIV vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.31 | -0.29 | — | 68 | Inverse Equities, Leveraged Equities | DFIV vs MSTZ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DFIV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DFIV and solid risk/return profiles. The least correlated is Waste Management, Inc. (WM) (Industrials) with a 1Y correlation of -0.04, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Waste Management, Inc. | -0.04 | 0.11 | 0.22 | 53 | Industrials | |
| Altria Group, Inc. | -0.01 | 0.14 | 0.24 | 81 | Consumer Defensive | |
| Occidental Petroleum Corporation | 0.01 | 0.21 | 0.33 | 62 | Energy | |
| The Coca-Cola Company | 0.02 | 0.14 | 0.26 | 83 | Consumer Defensive | |
| Duke Energy Corporation | 0.03 | 0.14 | 0.20 | 66 | Utilities |
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