Looking to diversify beyond DVYE? The ETFs below have historically moved differently from DVYE, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for DVYE
444 ETFs have low correlation with DVYE (below 0.3), 38 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.36, roughly unchanged from -0.26 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.36 | -0.26 | — | 51 | Cryptocurrency | DVYE vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.29 | — | — | 69 | Derivative Income | DVYE vs WNTR | |
| ProShares UltraShort Yen | -0.28 | -0.24 | -0.19 | 59 | Leveraged Currency | DVYE vs YCS | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.22 | -0.15 | -0.08 | 51 | Nontraditional Bonds | DVYE vs RISR | |
| Invesco DB Energy Fund | -0.18 | 0.04 | 0.15 | 66 | Oil & Gas | DVYE vs DBE |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for DVYE, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of -0.02, down from 0.26 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | -0.02 | 0.16 | 0.26 | 61 | Financial Services | |
| BlackRock Capital Allocation Term Trust | 0.47 | 0.36 | 0.40 | 95 | Financial Services |
Build a portfolio that complements DVYE
Add DVYE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DVYE