Looking to diversify beyond DFRA? The ETFs below have the lowest correlation with DFRA — 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 DFRA.
Best Diversifiers for DFRA
313 ETFs have low correlation with DFRA (below 0.3), 27 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.30, down from -0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.31 | -0.13 | -0.11 | 73 | Leveraged Currency | DFRA vs YCS | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.28 | — | — | 51 | Derivative Income | DFRA vs WNTR | |
| WisdomTree Floating Rate Treasury Fund | -0.14 | -0.03 | -0.03 | 100 | Government Bonds, Ultrashort Bond | DFRA vs USFR | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.13 | -0.10 | -0.10 | 97 | Inflation-Protected Bonds | DFRA vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.11 | 0.05 | 0.05 | 98 | Inflation-Protected Bonds | DFRA vs IBIC |
See all 1939 diversifiers for DFRA
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Diversification Analysis
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