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
73 ETFs have low correlation with DLR (below 0.3), 7 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.17, 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 | -0.17 | 0.01 | 0.00 | 100 | Ultrashort Bond | DLR vs SGOV | |
| United States Oil Fund LP | -0.11 | -0.05 | -0.02 | 66 | Oil & Gas | DLR vs USO | |
| US Treasury 3 Month Bill ETF | -0.10 | 0.01 | — | 100 | Ultrashort Bond | DLR vs TBIL | |
| ProShares Ultra Bloomberg Crude Oil | -0.07 | -0.02 | -0.00 | 54 | Leveraged Commodities | DLR vs UCO | |
| Alpha Architect 1-3 Month Box ETF | -0.02 | 0.05 | — | 100 | Ultrashort Bond | DLR vs BOXX |
To view more results, upgrade your current subscription plan.
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 Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.07, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.07 | 0.00 | 0.03 | 85 | Energy | |
| Chevron Corporation | -0.06 | 0.02 | 0.05 | 83 | Energy | |
| ConocoPhillips Company | -0.03 | 0.03 | 0.05 | 76 | Energy | |
| EOG Resources, Inc. | -0.01 | 0.05 | 0.07 | 69 | Energy | |
| The Coca-Cola Company | -0.00 | 0.10 | 0.21 | 66 | Consumer Defensive |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements DLR
Add DLR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DLR