Looking to diversify beyond DVY? The ETFs below have the lowest correlation with DVY — 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 DVY.
Best Diversifiers for DVY
862 ETFs have low correlation with DVY (below 0.3), 26 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.22, down from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.22 | -0.13 | -0.08 | 75 | Leveraged Currency | DVY vs YCS | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.19 | -0.21 | -0.21 | 60 | Inverse Equities, Leveraged Equities | DVY vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.19 | — | — | 53 | Inverse Equities | DVY vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.16 | — | — | 65 | Derivative Income | DVY vs WNTR | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.09 | — | — | 97 | Inflation-Protected Bonds | DVY vs RBIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DVY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DVY and solid risk/return profiles. The least correlated is Credo Technology Group Holding Ltd (CRDO) (Technology) with a 1Y correlation of -0.14, down from 0.05 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Credo Technology Group Holding Ltd | -0.14 | 0.05 | — | 86 | Technology | |
| NVIDIA Corporation | -0.13 | 0.03 | 0.20 | 69 | Technology | |
| Broadcom Inc. | -0.11 | 0.07 | 0.22 | 73 | Technology | |
| Nebius Group N.V. | -0.02 | 0.07 | 0.07 | 96 | Communication Services | |
| AppLovin Corporation | -0.01 | 0.11 | 0.19 | 65 | Communication Services |
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