Looking to balance out your exposure to DMZPY? The ETFs below have the lowest correlation with DMZPY — they tend to move on their own, which can help reduce risk when DMZPY drops. The stock ideas table highlights individual companies that behave independently from DMZPY.
Best Diversifiers for DMZPY
2 ETFs have low correlation with DMZPY (below 0.3), 2 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of -0.07, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | -0.07 | 0.05 | 0.04 | 70 | S&P 500 | DMZPY vs VOO | |
| Vanguard Total Stock Market ETF | -0.07 | 0.05 | 0.04 | 68 | Large Cap Blend Equities | DMZPY vs VTI |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DMZPY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DMZPY and solid risk/return profiles. The least correlated is Ford Motor Company (F) (Consumer Cyclical) with a 1Y correlation of -0.11, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Ford Motor Company | -0.11 | 0.02 | 0.02 | 82 | Consumer Cyclical | |
| Amazon.com, Inc | -0.06 | 0.04 | 0.04 | 60 | Consumer Cyclical |
Build a portfolio that complements DMZPY
Add DMZPY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DMZPY