Looking to diversify beyond DTD? The ETFs below have the lowest correlation with DTD — 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 DTD.
Best Diversifiers for DTD
390 ETFs have low correlation with DTD (below 0.3), 47 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.22, down from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.22 | -0.09 | -0.06 | 61 | Leveraged Currency | DTD vs YCS | |
| Invesco DB Energy Fund | -0.19 | 0.01 | 0.16 | 71 | Oil & Gas | DTD vs DBE | |
| United States Oil Fund LP | -0.19 | 0.02 | 0.15 | 66 | Oil & Gas | DTD vs USO | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.18 | — | — | 98 | Inflation-Protected Bonds | DTD vs RBIL | |
| United States Brent Oil Fund LP | -0.18 | 0.02 | 0.15 | 65 | Oil & Gas | DTD vs BNO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DTD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DTD and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of 0.12, down from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | 0.12 | 0.32 | 0.41 | 85 | Energy | |
| Chevron Corporation | 0.14 | 0.34 | 0.44 | 83 | Energy | |
| ConocoPhillips Company | 0.16 | 0.32 | 0.40 | 76 | Energy | |
| Phillips 66 | 0.17 | 0.39 | 0.43 | 87 | Energy | |
| Shell plc | 0.19 | 0.33 | 0.39 | 80 | Energy |
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Build a portfolio that complements DTD
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