Looking to diversify beyond DLS? The ETFs below have the lowest correlation with DLS — 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 DLS.
Best Diversifiers for DLS
224 ETFs have low correlation with DLS (below 0.3), 30 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.47, down from -0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.47 | -0.36 | -0.30 | 63 | Leveraged Currency | DLS vs YCS | |
| United States Gasoline Fund LP | -0.29 | -0.06 | 0.08 | 55 | Oil & Gas | DLS vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.23 | -0.18 | -0.18 | 97 | Inflation-Protected Bonds | DLS vs RBIL | |
| TCW AAA CLO ETF | -0.19 | -0.12 | -0.12 | 99 | CLO | DLS vs ACLO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | 0.09 | 0.09 | 98 | Inflation-Protected Bonds | DLS vs IBIC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DLS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DLS and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.11, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.11 | 0.10 | 0.20 | 72 | Consumer Defensive | |
| Chevron Corporation | -0.09 | 0.12 | 0.25 | 70 | Energy | |
| The Coca-Cola Company | -0.00 | 0.13 | 0.25 | 74 | Consumer Defensive | |
| Verizon Communications Inc. | 0.06 | 0.16 | 0.21 | 66 | Communication Services | |
| PepsiCo, Inc. | 0.07 | 0.12 | 0.21 | 61 | Consumer Defensive |
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