Looking to diversify beyond DVOL? The ETFs below have the lowest correlation with DVOL — 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 DVOL.
Best Diversifiers for DVOL
654 ETFs have low correlation with DVOL (below 0.3), 28 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.15, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.15 | -0.06 | -0.04 | 61 | Leveraged Currency | DVOL vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.14 | -0.10 | -0.10 | 97 | Inflation-Protected Bonds | DVOL vs RBIL | |
| First Trust Alternative Absolute Return Strategy E... | -0.13 | -0.01 | 0.01 | 70 | Commodities | DVOL vs FAAR | |
| VanEck Commodity Strategy ETF | -0.12 | -0.01 | 0.05 | 55 | Commodities | DVOL vs PIT | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.07 | 0.04 | 0.13 | 53 | Commodities | DVOL vs FTGC |
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