Looking to diversify beyond DAT? The ETFs below have historically moved differently from DAT, 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 DAT
1124 ETFs have low correlation with DAT (below 0.3), 72 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.47 | — | — | 61 | Inverse Equities, Leveraged Equities | DAT vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.47 | — | — | 52 | Inverse Equities | DAT vs SMST | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.44 | — | — | 75 | Derivative Income | DAT vs WNTR | |
| ProShares Short Bitcoin ETF | -0.39 | -0.40 | — | 61 | Cryptocurrency | DAT vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.39 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | DAT vs SBIT |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for DAT, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.22, down from 0.40 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.22 | 0.40 | — | 56 | Technology |
Build a portfolio that complements DAT
Add DAT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DAT