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
145 ETFs have low correlation with DIS (below 0.3), 7 of which are negatively correlated. The least correlated is Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) (Commodities) with a 1Y correlation of -0.07, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Optimum Yield Diversified Commodity Strate... | -0.07 | 0.00 | 0.10 | 50 | Commodities | DIS vs PDBC | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.07 | -0.05 | -0.03 | 100 | Government Bonds, Ultrashort Bond | DIS vs BIL | |
| WisdomTree Floating Rate Treasury Fund | -0.06 | 0.05 | 0.01 | 100 | Government Bonds, Ultrashort Bond | DIS vs USFR | |
| Alpha Architect 1-3 Month Box ETF | -0.05 | 0.01 | — | 100 | Ultrashort Bond | DIS vs BOXX | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.02 | — | — | 100 | Ultrashort Bond | DIS vs VBIL |
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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 Celestica Inc. (CLS) (Technology) with a 1Y correlation of -0.12, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Celestica Inc. | -0.12 | 0.08 | 0.23 | 87 | Technology | |
| Vertiv Holdings Co. | -0.09 | 0.12 | 0.31 | 93 | Industrials | |
| Lumentum Holdings Inc. | -0.08 | 0.14 | 0.29 | 99 | Technology | |
| Suncor Energy Inc. | -0.06 | 0.10 | 0.23 | 89 | Energy | |
| Lynas Rare Earths Ltd ADR | -0.05 | 0.02 | 0.16 | 84 | Basic Materials |
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