Looking to diversify beyond DVDN? The ETFs below have the lowest correlation with DVDN — 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 DVDN.
Best Diversifiers for DVDN
439 ETFs have low correlation with DVDN (below 0.3), 34 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.33, down from -0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.33 | -0.18 | -0.18 | 63 | Leveraged Currency | DVDN vs YCS | |
| United States Gasoline Fund LP | -0.21 | -0.09 | -0.09 | 55 | Oil & Gas | DVDN vs UGA | |
| iShares Diversified Commodity Swap UCITS ETF | -0.14 | -0.04 | -0.04 | 78 | Commodities | DVDN vs ISCMF | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.14 | -0.02 | -0.02 | 50 | Commodities | DVDN vs CMDT | |
| VanEck Commodity Strategy ETF | -0.13 | -0.02 | -0.02 | 57 | Commodities | DVDN vs PIT |
See all 1944 diversifiers for DVDN
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