Looking to balance out your exposure to DLR? The ETFs below have the lowest correlation with DLR — they tend to move on their own, which can help reduce risk when DLR drops. The stock ideas table highlights individual companies that behave independently from DLR.
Best Diversifiers for DLR
72 ETFs have low correlation with DLR (below 0.3), 9 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.16, down from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.16 | 0.01 | -0.00 | 100 | Ultrashort Bond | DLR vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.10 | -0.04 | -0.01 | 100 | Government Bonds, Ultrashort Bond | DLR vs BIL | |
| F/m US Treasury 3 Month Bill ETF | -0.10 | 0.01 | — | 100 | Ultrashort Bond | DLR vs TBIL | |
| WisdomTree Floating Rate Treasury Fund | -0.06 | 0.04 | -0.00 | 100 | Government Bonds, Ultrashort Bond | DLR vs USFR | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.03 | -0.02 | -0.02 | 100 | Ultrashort Bond | DLR vs VBIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DLR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DLR and solid risk/return profiles. The least correlated is Valero Energy Corporation (VLO) (Energy) with a 1Y correlation of -0.08, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Valero Energy Corporation | -0.08 | 0.04 | 0.04 | 94 | Energy | |
| Devon Energy Corporation | -0.06 | 0.04 | 0.06 | 69 | Energy | |
| Exxon Mobil Corporation | -0.06 | -0.01 | 0.03 | 71 | Energy | |
| Chevron Corporation | -0.05 | 0.01 | 0.05 | 67 | Energy | |
| Occidental Petroleum Corporation | -0.03 | 0.03 | 0.06 | 60 | Energy |
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