Looking to balance out your exposure to DFTX? The ETFs below have the lowest correlation with DFTX — they tend to move on their own, which can help reduce risk when DFTX drops. The stock ideas table highlights individual companies that behave independently from DFTX.
Best Diversifiers for DFTX
20 ETFs have low correlation with DFTX (below 0.3), 2 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.20, down from -0.09 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.20 | -0.09 | — | 100 | Ultrashort Bond | DFTX vs SGOV | |
| Schwab Government Money Market ETF | -0.02 | — | — | 100 | Money Market | DFTX vs SGVT | |
| Invesco S&P Ultra Dividend Revenue ETF | 0.10 | 0.29 | — | 92 | Mid Cap Value Equities, Dividend | DFTX vs RDIV | |
| Schwab U.S. Dividend Equity ETF | 0.13 | 0.27 | — | 91 | Dividend | DFTX vs SCHD | |
| VanEck Inflation Allocation ETF | 0.18 | 0.26 | — | 68 | Diversified Portfolio | DFTX vs RAAX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DFTX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DFTX and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.09, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.09 | 0.07 | 0.10 | 74 | Energy | |
| Duke Energy Corporation | -0.08 | -0.01 | 0.02 | 64 | Utilities | |
| Berkshire Hathaway Inc. | -0.01 | 0.13 | — | 53 | Financial Services | |
| AbbVie Inc. | 0.07 | 0.08 | 0.07 | 81 | Healthcare | |
| Eli Lilly and Company | 0.10 | 0.16 | — | 79 | Healthcare |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements DFTX
Add DFTX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DFTX