Looking to balance out your exposure to DNBBY? The ETFs below have the lowest correlation with DNBBY — they tend to move on their own, which can help reduce risk when DNBBY drops. The stock ideas table highlights individual companies that behave independently from DNBBY.
Best Diversifiers for DNBBY
1 ETFs have low correlation with DNBBY (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Semiconductor ETF (SMH) (Semiconductors) with a 1Y correlation of 0.28, roughly unchanged from 0.24 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor ETF | 0.28 | 0.24 | — | 96 | Semiconductors, Technology Equities | DNBBY vs SMH |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DNBBY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DNBBY and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.16, roughly unchanged from 0.14 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.16 | 0.14 | — | 90 | Technology | |
| Interactive Brokers Group, Inc. | 0.26 | 0.20 | — | 84 | Financial Services | |
| JPMorgan Chase & Co. | 0.28 | 0.29 | — | 66 | Financial Services |
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