Looking to diversify beyond DGCB? The ETFs below have the lowest correlation with DGCB — 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 DGCB.
Best Diversifiers for DGCB
452 ETFs have low correlation with DGCB (below 0.3), 92 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.51, roughly unchanged from -0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.51 | -0.47 | -0.47 | 63 | Leveraged Currency | DGCB vs YCS | |
| Invesco DB Energy Fund | -0.46 | -0.26 | -0.26 | 71 | Oil & Gas | DGCB vs DBE | |
| United States Oil Fund LP | -0.45 | -0.25 | -0.25 | 66 | Oil & Gas | DGCB vs USO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.45 | -0.23 | -0.23 | 56 | Oil & Gas | DGCB vs OILK | |
| United States Brent Oil Fund LP | -0.44 | -0.24 | -0.24 | 65 | Oil & Gas | DGCB vs BNO |
See all 2187 diversifiers for DGCB
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