The best replacement for dulce de leche is caramel.

The best alternatives to dulce de leche are rated as following:
★★★★★  caramel
★★★  cajeta
★★★  condensed milk
★★★  sweetened condensed milk
★★  tres leche
★★  butterscotch
★★  carnation caramel
★  manjar
★  barefoot in barcelona
  carmel
  confiture de lait

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Speaking about dulce de leche, one probably shouldn't forget about eaglebrand.

Other search terms related to dulce de leche and their ratings are:
★★★★★ eaglebrand
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dulce de leche
caramel
cajeta