Looking to balance out your exposure to DOCS? The ETFs below have the lowest correlation with DOCS — they tend to move on their own, which can help reduce risk when DOCS drops. The stock ideas table highlights individual companies that behave independently from DOCS.
Best Diversifiers for DOCS
8 ETFs have low correlation with DOCS (below 0.3), 1 of which are negatively correlated. The least correlated is iShares iBonds Dec 2027 Term Treasury ETF (IBTH) (Government Bonds) with a 1Y correlation of -0.00, roughly unchanged from 0.04 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Dec 2027 Term Treasury ETF | -0.00 | 0.04 | — | 96 | Government Bonds | DOCS vs IBTH | |
| PGIM Ultra Short Bond ETF | 0.01 | 0.05 | — | 100 | Ultrashort Bond | DOCS vs PULS | |
| iShares 1-3 Year Treasury Bond ETF | 0.02 | 0.06 | 0.09 | 79 | Government Bonds, Short-Term Bond | DOCS vs SHY | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.04 | -0.01 | — | 100 | Government Bonds, Ultrashort Bond | DOCS vs BIL | |
| iShares iBonds Dec 2028 Term Corporate ETF | 0.04 | 0.12 | 0.15 | 88 | Corporate Bonds | DOCS vs IBDT |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DOCS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DOCS and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.20, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.20 | -0.04 | 0.01 | 73 | Consumer Defensive | |
| Walmart Inc. | -0.16 | 0.03 | — | 66 | Consumer Defensive | |
| Gold Fields Limited | -0.06 | 0.06 | 0.08 | 71 | Basic Materials | |
| United Therapeutics Corporation | -0.02 | 0.09 | 0.10 | 86 | Healthcare | |
| Amphenol Corporation | -0.02 | 0.21 | — | 77 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements DOCS
Add DOCS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DOCS