Looking to diversify beyond DTH? The ETFs below have the lowest correlation with DTH — 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 DTH.
Best Diversifiers for DTH
335 ETFs have low correlation with DTH (below 0.3), 46 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.45, down from -0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.45 | -0.34 | -0.26 | 63 | Leveraged Currency | DTH vs YCS | |
| United States Brent Oil Fund LP | -0.29 | 0.01 | 0.16 | 65 | Oil & Gas | DTH vs BNO | |
| Invesco DB Energy Fund | -0.29 | 0.01 | 0.17 | 71 | Oil & Gas | DTH vs DBE | |
| United States Oil Fund LP | -0.28 | 0.02 | 0.17 | 66 | Oil & Gas | DTH vs USO | |
| Defiance Oil Enhanced Options Income ETF | -0.26 | — | — | 56 | Derivative Income | DTH vs USOY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DTH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DTH and solid risk/return profiles. The least correlated is Energy Transfer LP (ET) (Energy) with a 1Y correlation of 0.01, down from 0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Energy Transfer LP | 0.01 | 0.25 | 0.39 | 73 | Energy | |
| Nebius Group N.V. | 0.07 | — | — | 97 | Communication Services | |
| First Solar, Inc. | 0.18 | 0.30 | 0.29 | 82 | Technology | |
| NVIDIA Corporation | 0.20 | 0.24 | 0.34 | 82 | Technology | |
| Oklo Inc. | 0.20 | 0.18 | — | 55 | Utilities |
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Build a portfolio that complements DTH
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