Looking to balance out your exposure to DIS? The ETFs below have the lowest correlation with DIS — they tend to move on their own, which can help reduce risk when DIS drops. The stock ideas table highlights individual companies that behave independently from DIS.
Best Diversifiers for DIS
167 ETFs have low correlation with DIS (below 0.3), 14 of which are negatively correlated. The least correlated is SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) (Government Bonds) with a 1Y correlation of -0.13, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.13 | -0.06 | -0.03 | 100 | Government Bonds, Ultrashort Bond | DIS vs BIL | |
| United States Oil Fund LP | -0.10 | -0.01 | 0.08 | 66 | Oil & Gas | DIS vs USO | |
| iShares 0-3 Month Treasury Bond ETF | -0.09 | -0.02 | -0.02 | 100 | Ultrashort Bond | DIS vs SGOV | |
| ProShares Ultra Bloomberg Crude Oil | -0.08 | -0.02 | 0.07 | 54 | Leveraged Commodities | DIS vs UCO | |
| WisdomTree Floating Rate Treasury Fund | -0.07 | 0.04 | 0.00 | 100 | Government Bonds, Ultrashort Bond | DIS vs USFR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DIS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DIS and solid risk/return profiles. The least correlated is Vertiv Holdings Co. (VRT) (Industrials) with a 1Y correlation of -0.07, down from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Vertiv Holdings Co. | -0.07 | 0.11 | 0.28 | 94 | Industrials | |
| Suncor Energy Inc. | -0.06 | 0.12 | 0.24 | 96 | Energy | |
| Lumentum Holdings Inc. | -0.06 | 0.15 | 0.30 | 99 | Technology | |
| Celestica Inc. | -0.05 | 0.10 | 0.24 | 94 | Technology | |
| Petróleo Brasileiro S.A. - Petrobras | -0.05 | 0.11 | 0.14 | 88 | Energy |
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