Looking to diversify beyond DNOV? The ETFs below have the lowest correlation with DNOV — 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 DNOV.
Best Diversifiers for DNOV
301 ETFs have low correlation with DNOV (below 0.3), 35 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.26, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.26 | -0.05 | 0.05 | 55 | Oil & Gas | DNOV vs UGA | |
| Direxion Daily NFLX Bear 1X Shares | -0.22 | -0.34 | -0.34 | 55 | Inverse Equities | DNOV vs NFXS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.22 | — | — | 97 | Inflation-Protected Bonds | DNOV vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | DNOV vs IBIC | |
| ProShares UltraShort Yen | -0.19 | -0.04 | -0.02 | 63 | Leveraged Currency | DNOV vs YCS |
See all 1945 diversifiers for DNOV
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