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Looking to diversify beyond DVYE? The ETFs below have the lowest correlation with DVYE — 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 DVYE.

Best Diversifiers for DVYE

305 ETFs have low correlation with DVYE (below 0.3), 31 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.35, down from -0.18 over 5 years.


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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from DVYE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DVYE and solid risk/return profiles. The least correlated is Brookfield Renewable Corporation (BEPC) (Utilities) with a 1Y correlation of 0.25, roughly unchanged from 0.27 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Brookfield Renewable Corporation0.250.270.27
62
Utilities

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Diversification Analysis

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