Looking to diversify beyond DYFI? The ETFs below have historically moved differently from DYFI, 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 DYFI
274 ETFs have low correlation with DYFI (below 0.3), 104 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.45 | — | — | 72 | Oil & Gas | DYFI vs DBE | |
| United States Oil Fund LP | -0.44 | — | — | 55 | Oil & Gas | DYFI vs USO | |
| United States Brent Oil Fund LP | -0.44 | — | — | 52 | Oil & Gas | DYFI vs BNO | |
| Invesco DB Oil Fund | -0.43 | — | — | 58 | Oil & Gas | DYFI vs DBO | |
| ProShares UltraShort Yen | -0.42 | -0.33 | -0.33 | 56 | Leveraged Currency | DYFI vs YCS |
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