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
499 ETFs have low correlation with USD (below 0.3), 130 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.38, roughly unchanged from -0.30 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.38 | -0.30 | — | 53 | Cryptocurrency | USD vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.35 | — | — | 65 | Inverse Equities, Leveraged Equities | USD vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.33 | — | — | 70 | Derivative Income | USD vs WNTR | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.29 | -0.03 | 0.19 | 73 | Large Cap Value Equities, Dividend | USD vs FDL | |
| iShares Core High Dividend ETF | -0.27 | -0.07 | 0.18 | 74 | Dividend, Large Cap Value Equities | USD vs HDV |
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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 Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.42, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.42 | -0.19 | 0.01 | 83 | Financial Services | |
| Duke Energy Corporation | -0.41 | -0.30 | -0.15 | 65 | Utilities | |
| Altria Group, Inc. | -0.39 | -0.24 | -0.10 | 78 | Consumer Defensive | |
| Colgate-Palmolive Company | -0.37 | -0.25 | -0.10 | 50 | Consumer Defensive | |
| The Southern Company | -0.34 | -0.25 | -0.10 | 58 | Utilities |
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Build a portfolio that complements USD
Add USD to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with USD