Looking to diversify beyond DYLG? The ETFs below have the lowest correlation with DYLG — 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 DYLG.
Best Diversifiers for DYLG
384 ETFs have low correlation with DYLG (below 0.3), 76 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.34, down from -0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.34 | -0.12 | -0.12 | 71 | Oil & Gas | DYLG vs DBE | |
| United States Brent Oil Fund LP | -0.32 | — | — | 65 | Oil & Gas | DYLG vs BNO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.32 | -0.09 | -0.09 | 55 | Oil & Gas | DYLG vs OILK | |
| Invesco DB Oil Fund | -0.32 | -0.10 | -0.10 | 65 | Oil & Gas | DYLG vs DBO | |
| ProShares Ultra Bloomberg Crude Oil | -0.31 | -0.09 | -0.09 | 54 | Leveraged Commodities | DYLG vs UCO |
See all 2112 diversifiers for DYLG
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