Looking to diversify beyond DFMC? The ETFs below have historically moved differently from DFMC, 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 DFMC
203 ETFs have low correlation with DFMC (below 0.3), 78 of which are negatively correlated. The least correlated is iShares S&P GSCI Commodity-Indexed Trust (GSG) (Commodities) with a 1Y correlation of -0.49, roughly unchanged from -0.49 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P GSCI Commodity-Indexed Trust | -0.49 | -0.49 | -0.49 | 51 | Commodities | DFMC vs GSG | |
| MicroSectors U.S. Big Oil Index 3X Leveraged ETN | -0.44 | -0.44 | -0.44 | 53 | Leveraged Equities | DFMC vs NRGU | |
| iShares U.S. Energy ETF | -0.44 | -0.44 | -0.44 | 61 | Energy Equities | DFMC vs IYE | |
| ProShares Ultra Energy | -0.43 | -0.43 | -0.43 | 56 | Leveraged Equities | DFMC vs DIG | |
| Fidelity MSCI Energy Index ETF | -0.43 | -0.43 | -0.43 | 62 | Energy Equities | DFMC vs FENY |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements DFMC
Add DFMC to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DFMC