Looking to diversify beyond DFNV? The ETFs below have the lowest correlation with DFNV — 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 DFNV.
Best Diversifiers for DFNV
433 ETFs have low correlation with DFNV (below 0.3), 31 of which are negatively correlated. The least correlated is Breakwave Tanker Shipping ETF (BWET) (Commodities) with a 1Y correlation of -0.13, roughly unchanged from -0.04 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Breakwave Tanker Shipping ETF | -0.13 | -0.04 | — | 98 | Commodities | DFNV vs BWET | |
| ProShares UltraShort Yen | -0.11 | 0.01 | -0.01 | 61 | Leveraged Currency | DFNV vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.10 | — | — | 98 | Inflation-Protected Bonds | DFNV vs IBIC | |
| Brookstone Ultra-Short Bond ETF | -0.09 | — | — | 98 | Ultrashort Bond | DFNV vs BAMU | |
| Tortoise North American Pipeline Fund | -0.09 | 0.19 | 0.28 | 55 | Energy Equities | DFNV vs TPYP |
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