Looking to diversify beyond USD? The ETFs below have the lowest correlation with USD — 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 USD.
Best Diversifiers for USD
411 ETFs have low correlation with USD (below 0.3), 74 of which are negatively correlated. The least correlated is YieldMax Short MSTR Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.38, roughly unchanged from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.38 | -0.38 | -0.38 | 51 | Derivative Income | USD vs WNTR | |
| iShares Core High Dividend ETF | -0.22 | -0.04 | 0.19 | 74 | Dividend, Large Cap Value Equities | USD vs HDV | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.21 | 0.01 | 0.20 | 72 | Large Cap Value Equities, Dividend | USD vs FDL | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.21 | -0.09 | -0.09 | 96 | Inflation-Protected Bonds | USD vs IBID | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | -0.10 | -0.10 | 98 | Inflation-Protected Bonds | USD vs IBIC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from USD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to USD and solid risk/return profiles. The least correlated is Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.38, down from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.38 | -0.28 | -0.14 | 64 | Utilities | |
| Chubb Limited | -0.38 | -0.17 | 0.03 | 72 | Financial Services | |
| Altria Group, Inc. | -0.32 | -0.21 | -0.09 | 74 | Consumer Defensive | |
| Colgate-Palmolive Company | -0.32 | -0.23 | -0.09 | 50 | Consumer Defensive | |
| Verizon Communications Inc. | -0.31 | -0.20 | -0.08 | 62 | Communication Services |
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Build a portfolio that complements USD
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