Looking to balance out your exposure to DVLT? The ETFs below have the lowest correlation with DVLT — they tend to move on their own, which can help reduce risk when DVLT drops. The stock ideas table highlights individual companies that behave independently from DVLT.
Best Diversifiers for DVLT
10 ETFs have low correlation with DVLT (below 0.3), 0 of which are negatively correlated. The least correlated is Amplify CWP International Enhanced Dividend Income ETF (IDVO) (Derivative Income) with a 1Y correlation of 0.08, roughly unchanged from 0.10 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amplify CWP International Enhanced Dividend Income... | 0.08 | 0.10 | — | 61 | Derivative Income, Dividend, Foreign Large Cap Equities | DVLT vs IDVO | |
| Vanguard International High Dividend Yield ETF | 0.11 | 0.11 | 0.12 | 69 | Dividend, Foreign Large Cap Equities | DVLT vs VYMI | |
| ProShares Ultra Semiconductors | 0.14 | 0.12 | 0.15 | 82 | Leveraged Equities, Semiconductors | DVLT vs USD | |
| Invesco S&P 500 Momentum ETF | 0.16 | 0.11 | 0.14 | 70 | Momentum, S&P 500 | DVLT vs SPMO | |
| NEOS S&P 500 High Income ETF | 0.20 | 0.11 | — | 60 | Derivative Income, S&P 500 | DVLT vs SPYI |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DVLT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DVLT and solid risk/return profiles. The least correlated is Sumitomo Mitsui Financial Group, Inc. (SMFG) (Financial Services) with a 1Y correlation of 0.03, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Sumitomo Mitsui Financial Group, Inc. | 0.03 | 0.04 | 0.05 | 86 | Financial Services | |
| Endeavour Silver Corp. | 0.04 | 0.06 | 0.06 | 68 | Basic Materials | |
| Equinox Gold Corp. | 0.04 | 0.07 | 0.06 | 70 | Basic Materials | |
| Silvercorp Metals Inc. | 0.04 | 0.09 | 0.08 | 88 | Basic Materials | |
| Seabridge Gold Inc. | 0.08 | 0.08 | 0.07 | 73 | Basic Materials |
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