Looking to diversify beyond DJIA? The ETFs below have the lowest correlation with DJIA — 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 DJIA.
Best Diversifiers for DJIA
378 ETFs have low correlation with DJIA (below 0.3), 53 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.23, down from -0.05 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.23 | -0.05 | — | 55 | Oil & Gas | DJIA vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.21 | — | — | 97 | Inflation-Protected Bonds | DJIA vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | DJIA vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.16 | -0.01 | — | 100 | Government Bonds, Ultrashort Bond | DJIA vs USFR | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.15 | — | — | 95 | Inflation-Protected Bonds | DJIA vs IBID |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DJIA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DJIA and solid risk/return profiles. The least correlated is Dow Inc. (DOW) (Basic Materials) with a 1Y correlation of 0.09, down from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Dow Inc. | 0.09 | 0.29 | 0.35 | 55 | Basic Materials | |
| Huazhu Group Limited | 0.15 | 0.19 | — | 70 | Consumer Cyclical | |
| Amazon.com, Inc | 0.32 | 0.31 | 0.36 | 54 | Consumer Cyclical | |
| Alphabet Inc. Class A | 0.34 | 0.29 | 0.38 | 96 | Communication Services | |
| NVIDIA Corporation | 0.35 | 0.30 | 0.40 | 72 | Technology |
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Build a portfolio that complements DJIA
Add DJIA to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DJIA