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
673 ETFs have low correlation with DVY (below 0.3), 18 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.22, down from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.22 | -0.13 | -0.07 | 61 | Leveraged Currency | DVY vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.11 | — | — | 97 | Inflation-Protected Bonds | DVY vs RBIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.08 | -0.02 | -0.03 | 100 | Ultrashort Bond | DVY vs SGOV | |
| WisdomTree Floating Rate Treasury Fund | -0.07 | -0.01 | -0.03 | 100 | Government Bonds, Ultrashort Bond | DVY vs USFR | |
| iShares Diversified Commodity Swap UCITS ETF | -0.06 | 0.01 | — | 77 | Commodities | DVY vs ISCMF |
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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 NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.10, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.10 | 0.03 | 0.18 | 76 | Technology | |
| Credo Technology Group Holding Ltd | -0.09 | 0.07 | 0.19 | 90 | Technology | |
| Broadcom Inc. | -0.04 | 0.09 | 0.23 | 75 | Technology | |
| Palo Alto Networks, Inc. | 0.02 | 0.12 | 0.19 | 69 | Technology | |
| Micron Technology, Inc. | 0.03 | 0.14 | 0.25 | 99 | Technology |
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