Looking to diversify beyond DIVB? The ETFs below have the lowest correlation with DIVB — 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 DIVB.
Best Diversifiers for DIVB
450 ETFs have low correlation with DIVB (below 0.3), 43 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.17, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.17 | -0.07 | -0.04 | 61 | Leveraged Currency | DIVB vs YCS | |
| Invesco DB Energy Fund | -0.15 | 0.03 | 0.16 | 71 | Oil & Gas | DIVB vs DBE | |
| United States 12 Month Oil Fund LP | -0.14 | 0.05 | 0.17 | 56 | Oil & Gas | DIVB vs USL | |
| United States Oil Fund LP | -0.14 | 0.04 | 0.15 | 66 | Oil & Gas | DIVB vs USO | |
| United States Brent Oil Fund LP | -0.13 | 0.04 | 0.15 | 65 | Oil & Gas | DIVB vs BNO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DIVB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DIVB and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of 0.04, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | 0.04 | 0.26 | 0.33 | 69 | Consumer Defensive | |
| NVIDIA Corporation | 0.09 | 0.19 | 0.36 | 78 | Technology | |
| Credo Technology Group Holding Ltd | 0.10 | 0.24 | 0.33 | 85 | Technology | |
| AppLovin Corporation | 0.11 | 0.19 | 0.31 | 59 | Technology | |
| BP p.l.c. | 0.12 | 0.27 | 0.35 | 87 | Energy |
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