Looking to diversify beyond DIV? The ETFs below have historically moved differently from DIV, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for DIV
1427 ETFs have low correlation with DIV (below 0.3), 61 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.24, down from -0.13 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.24 | -0.18 | -0.13 | 56 | Leveraged Currency | DIV vs YCS | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.14 | — | — | 61 | Inverse Equities, Leveraged Equities | DIV vs MSTZ | |
| Alpha Architect Tail Risk ETF | -0.13 | -0.04 | — | 56 | Options Trading | DIV vs CAOS | |
| Defiance Daily Target 2X Short MSTR ETF | -0.13 | — | — | 52 | Inverse Equities | DIV vs SMST | |
| ProShares Short Bitcoin ETF | -0.13 | -0.19 | — | 61 | Cryptocurrency | DIV vs BITI |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for DIV, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Credo Technology Group Holding Ltd (CRDO) (Technology) with a 1Y correlation of -0.17, down from 0.04 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Credo Technology Group Holding Ltd | -0.17 | 0.04 | — | 74 | Technology | |
| Nebius Group N.V. | -0.13 | -0.02 | -0.02 | 92 | Communication Services | |
| Broadcom Inc. | -0.10 | 0.06 | 0.21 | 67 | Technology | |
| NVIDIA Corporation | -0.10 | 0.01 | 0.17 | 56 | Technology | |
| Western Digital Corporation | -0.08 | 0.10 | 0.28 | 99 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements DIV
Add DIV to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DIV