Looking to diversify beyond DFNM? The ETFs below have the lowest correlation with DFNM — 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 DFNM.
Best Diversifiers for DFNM
1378 ETFs have low correlation with DFNM (below 0.3), 53 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.28, roughly unchanged from -0.31 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.28 | -0.31 | — | 61 | Leveraged Currency | DFNM vs YCS | |
| Bastion Energy ETF | -0.24 | — | — | 75 | Energy Equities | DFNM vs BESF | |
| Fidelity Managed Futures ETF | -0.21 | — | — | 64 | Systematic Trend | DFNM vs FFUT | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.19 | -0.06 | — | 53 | Commodities | DFNM vs FTGC | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.19 | — | — | 50 | Commodities | DFNM vs CERY |
See all 1592 diversifiers for DFNM
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements DFNM
Add DFNM to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DFNM