Looking to diversify beyond DIA? The ETFs below have the lowest correlation with DIA — 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 DIA.
Best Diversifiers for DIA
302 ETFs have low correlation with DIA (below 0.3), 37 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.30, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.30 | -0.08 | 0.08 | 55 | Oil & Gas | DIA vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.27 | — | — | 97 | Inflation-Protected Bonds | DIA vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.24 | — | — | 98 | Inflation-Protected Bonds | DIA vs IBIC | |
| ProShares UltraShort Yen | -0.21 | -0.04 | -0.02 | 63 | Leveraged Currency | DIA vs YCS | |
| VanEck Commodity Strategy ETF | -0.16 | -0.01 | — | 57 | Commodities | DIA vs PIT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DIA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DIA and solid risk/return profiles. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.11, down from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.11 | 0.14 | 0.27 | 65 | Energy | |
| Exxon Mobil Corporation | -0.10 | 0.16 | 0.30 | 72 | Energy | |
| Chevron Corporation | -0.10 | 0.20 | 0.33 | 70 | Energy | |
| Altria Group, Inc. | -0.09 | 0.16 | 0.26 | 72 | Consumer Defensive | |
| BP p.l.c. | -0.06 | 0.13 | 0.27 | 77 | Energy |
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