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
17 ETFs have low correlation with DFTX (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Inflation Allocation ETF (RAAX) (Diversified Portfolio) with a 1Y correlation of 0.12, down from 0.26 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Inflation Allocation ETF | 0.12 | 0.26 | — | 85 | Diversified Portfolio | DFTX vs RAAX | |
| Invesco S&P Ultra Dividend Revenue ETF | 0.16 | 0.31 | — | 71 | Mid Cap Value Equities, Dividend | DFTX vs RDIV | |
| Schwab U.S. Dividend Equity ETF | 0.18 | 0.29 | 0.27 | 80 | Dividend | DFTX vs SCHD | |
| Direxion Daily Semiconductor Bull 3X ETF | 0.20 | 0.27 | — | 97 | Leveraged Equities, Semiconductors | DFTX vs SOXL | |
| iShares Global Clean Energy ETF | 0.21 | 0.32 | 0.31 | 87 | Alternative Energy Equities | DFTX vs ICLN |
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 Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.08, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.08 | 0.00 | 0.02 | 53 | Utilities | |
| Chevron Corporation | -0.04 | 0.06 | 0.08 | 83 | Energy | |
| AbbVie Inc. | 0.07 | 0.07 | 0.06 | 62 | Healthcare | |
| Eli Lilly and Company | 0.10 | 0.13 | 0.10 | 72 | Healthcare | |
| Oracle Corporation | 0.11 | 0.15 | 0.16 | 58 | Technology |
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