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
394 ETFs have low correlation with DFRA (below 0.3), 37 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.27, down from -0.11 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.27 | -0.11 | — | 61 | Leveraged Currency | DFRA vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.13 | — | — | 98 | Inflation-Protected Bonds | DFRA vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.12 | 0.06 | 0.06 | 98 | Inflation-Protected Bonds | DFRA vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.12 | -0.03 | — | 100 | Government Bonds, Ultrashort Bond | DFRA vs USFR | |
| Invesco DB Energy Fund | -0.09 | 0.21 | 0.34 | 71 | Oil & Gas | DFRA vs DBE |
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