Looking to diversify beyond DFNL? The ETFs below have the lowest correlation with DFNL — 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 DFNL.
Best Diversifiers for DFNL
515 ETFs have low correlation with DFNL (below 0.3), 52 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Return Stacked Bonds & Futures Yield ETF | -0.24 | — | — | 51 | Multistrategy | DFNL vs RSBY | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.23 | -0.26 | -0.26 | 60 | Inverse Equities, Leveraged Equities | DFNL vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.23 | -0.26 | -0.26 | 53 | Inverse Equities | DFNL vs SMST | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.23 | — | — | 97 | Inflation-Protected Bonds | DFNL vs RBIL | |
| Direxion Daily MU Bull 2X Shares | -0.21 | -0.21 | -0.21 | 99 | Leveraged Equities, Semiconductors | DFNL vs MUU |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DFNL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DFNL and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.08, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.08 | 0.19 | 0.34 | 69 | Technology |
Build a portfolio that complements DFNL
Add DFNL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DFNL