Looking to diversify beyond DVXE? The ETFs below have the lowest correlation with DVXE — 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 DVXE.
Best Diversifiers for DVXE
1 ETFs have low correlation with DVXE (below 0.3), 1 of which are negatively correlated. The least correlated is Sprott Critical Materials ETF (SETM) (Materials) with a 1Y correlation of -0.04, roughly unchanged from -0.04 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Sprott Critical Materials ETF | -0.04 | -0.04 | — | 52 | Materials, Commodity Producers Equities | DVXE vs SETM |
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