Looking to balance out your exposure to DKILY? The ETFs below have the lowest correlation with DKILY — they tend to move on their own, which can help reduce risk when DKILY drops. The stock ideas table highlights individual companies that behave independently from DKILY.
Best Diversifiers for DKILY
0 ETFs have low correlation with DKILY (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.33, down from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.33 | 0.41 | 0.46 | 70 | S&P 500 | DKILY vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DKILY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DKILY and solid risk/return profiles. The least correlated is Comfort Systems USA, Inc. (FIX) (Industrials) with a 1Y correlation of 0.19, roughly unchanged from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Comfort Systems USA, Inc. | 0.19 | 0.26 | 0.29 | 98 | Industrials |
Build a portfolio that complements DKILY
Add DKILY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DKILY