Looking to diversify beyond DIAL? The ETFs below have the lowest correlation with DIAL — 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 DIAL.
Best Diversifiers for DIAL
298 ETFs have low correlation with DIAL (below 0.3), 85 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.54, roughly unchanged from -0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.54 | -0.46 | -0.48 | 67 | Leveraged Currency | DIAL vs YCS | |
| Invesco DB Energy Fund | -0.45 | -0.17 | -0.08 | 71 | Oil & Gas | DIAL vs DBE | |
| United States Brent Oil Fund LP | -0.43 | -0.17 | -0.09 | 65 | Oil & Gas | DIAL vs BNO | |
| United States Oil Fund LP | -0.43 | -0.17 | -0.08 | 66 | Oil & Gas | DIAL vs USO | |
| United States Gasoline Fund LP | -0.42 | -0.16 | -0.07 | 70 | Oil & Gas | DIAL vs UGA |
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