Looking to diversify beyond DBEM? The ETFs below have the lowest correlation with DBEM — 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 DBEM.
Best Diversifiers for DBEM
467 ETFs have low correlation with DBEM (below 0.3), 69 of which are negatively correlated. The least correlated is Proshares Ultrashort Bitcoin ETF (SBIT) (Cryptocurrency) with a 1Y correlation of -0.43, roughly unchanged from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.43 | -0.37 | -0.37 | 52 | Cryptocurrency, Leveraged Cryptocurrency | DBEM vs SBIT | |
| ProShares Short Bitcoin ETF | -0.43 | -0.31 | -0.34 | 57 | Cryptocurrency | DBEM vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.37 | — | — | 68 | Inverse Equities, Leveraged Equities | DBEM vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.37 | — | — | 60 | Inverse Equities | DBEM vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.36 | — | — | 70 | Derivative Income | DBEM vs WNTR |
See all 2044 diversifiers for DBEM
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