Looking to diversify beyond DBMF? The ETFs below have the lowest correlation with DBMF — 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 DBMF.
Best Diversifiers for DBMF
829 ETFs have low correlation with DBMF (below 0.3), 106 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.28, down from -0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.28 | -0.19 | -0.11 | 57 | Cryptocurrency | DBMF vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.28 | -0.22 | -0.22 | 52 | Cryptocurrency, Leveraged Cryptocurrency | DBMF vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.20 | — | — | 68 | Inverse Equities, Leveraged Equities | DBMF vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.19 | -0.18 | -0.18 | 70 | Derivative Income | DBMF vs WNTR | |
| Defiance Daily Target 2X Short MSTR ETF | -0.19 | -0.19 | -0.19 | 60 | Inverse Equities | DBMF vs SMST |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DBMF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DBMF and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.14, down from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.14 | -0.02 | -0.02 | 86 | Financial Services | |
| Altria Group, Inc. | -0.13 | -0.06 | -0.04 | 81 | Consumer Defensive | |
| Everest Group Ltd | -0.12 | 0.02 | 0.03 | 62 | Financial Services | |
| Colgate-Palmolive Company | -0.11 | -0.04 | -0.10 | 53 | Consumer Defensive | |
| The TJX Companies, Inc. | -0.11 | 0.03 | -0.01 | 79 | Consumer Cyclical |
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