Looking to diversify beyond DRNZ? The ETFs below have the lowest correlation with DRNZ — 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 DRNZ.
Best Diversifiers for DRNZ
591 ETFs have low correlation with DRNZ (below 0.3), 29 of which are negatively correlated. The least correlated is iShares Diversified Commodity Swap UCITS ETF (ISCMF) (Commodities) with a 1Y correlation of -0.13, roughly unchanged from -0.13 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Diversified Commodity Swap UCITS ETF | -0.13 | -0.13 | — | 54 | Commodities | DRNZ vs ISCMF | |
| WisdomTree Floating Rate Treasury Fund | -0.09 | -0.09 | -0.09 | 100 | Government Bonds, Ultrashort Bond | DRNZ vs USFR | |
| Cambria Tactical Yield ETF | -0.07 | — | — | 99 | DRNZ vs TYLD | ||
| Invesco DB Energy Fund | -0.07 | -0.07 | -0.07 | 57 | Oil & Gas | DRNZ vs DBE | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.06 | -0.06 | -0.06 | 96 | Inflation-Protected Bonds | DRNZ vs IBID |
See all 2043 diversifiers for DRNZ
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements DRNZ
Add DRNZ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DRNZ