Looking to diversify beyond DRAM? The ETFs below have the lowest correlation with DRAM — 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 DRAM.
Best Diversifiers for DRAM
163 ETFs have low correlation with DRAM (below 0.3), 15 of which are negatively correlated. The least correlated is Alerian Energy Infrastructure ETF (ENFR) (Energy Equities) with a 1Y correlation of -0.36, roughly unchanged from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alerian Energy Infrastructure ETF | -0.36 | -0.36 | -0.36 | 50 | Energy Equities | DRAM vs ENFR | |
| iShares 0-3 Month Treasury Bond ETF | -0.18 | -0.18 | -0.18 | 100 | Ultrashort Bond | DRAM vs SGOV | |
| Simplify Currency Strategy ETF | -0.15 | -0.15 | -0.15 | 68 | Leveraged Currency | DRAM vs FOXY | |
| BondBloxx Bloomberg Six Month Target Duration US T... | -0.13 | -0.13 | — | 100 | Government Bonds, Ultrashort Bond | DRAM vs XHLF | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.11 | -0.11 | -0.11 | 100 | Government Bonds, Ultrashort Bond | DRAM vs BIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DRAM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DRAM and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.43, roughly unchanged from -0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.43 | -0.43 | -0.43 | 70 | Consumer Defensive | |
| PepsiCo, Inc. | -0.43 | -0.43 | -0.43 | 59 | Consumer Defensive | |
| Duke Energy Corporation | -0.38 | -0.38 | -0.38 | 62 | Utilities | |
| ConocoPhillips Company | -0.37 | -0.37 | -0.37 | 61 | Energy | |
| The Southern Company | -0.32 | -0.32 | -0.32 | 55 | Utilities |
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Build a portfolio that complements DRAM
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